2009-06-23ml-implode.com

Citi has informed its Correspondent Lender clients of an 8-day suspension of new loan registrations while it "re-engineers" its QC process, citing numerous file deficiencies.



Comments:

mortgagemess at 01:19 2009-06-24 said:
Sad that it took them this long to realize there was a problem..seems like the banks are not handling their own risk management and policies too well..

How bad loans does it take to realize that something is wrong?. Permalink

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