Kellum's Korner: Everyday people – NMP Skip to main content

Kellum's Korner: Everyday people

National Mortgage Professional
Aug 07, 2006

Citigroup combines CitiMortgage and CitiFinancial MortgageMortgagePress.comCitiMortgage, CitiFinancial Mortgage, Citigroup Citigroup Inc. has combined its CitiMortgage Inc. and CitiFinancial Mortgage Inc. subsidiaries into a single entity under the CitiMortgage Inc. name. The newly combined company will now sell both prime and non-prime residential mortgages, whereas before the merge, CitiMortgage Inc. specialized in only prime residential mortgages, while CitiFinancial Mortgage Inc. specialized in non-prime residential mortgages. "This customer-focused initiative provides consumers, brokers and correspondents with a broader range of products across a wider credit spectrum," said Carl Levinson, president and CEO of Citigroup Inc.'s Consumer Lending Group, of which CitiMortgage Inc. is a part. "More simply put, it will be easier and more convenient for customers to do business with us." Citigroup Inc. is a financial services company based in New York. For more information, call (800) 285-3000 or visit www.citigroup.com. CitiMortgage Inc. is a prime and non-prime residential mortgage lender based in Frederick, Md. For more information, call (800) 667-8424 or visit www.citimortgage.com.
Published
Aug 07, 2006
PennyMac Cutting 207 Jobs

A wide variety of positions are affected.

Industry News
May 24, 2022
Loan Officer Charged With Bank Fraud, Identity Theft

If convicted, she faces up to 30 years in federal prison on each bank fraud count and a mandatory consecutive 2 years’ imprisonment.

Industry News
May 24, 2022
Openn Launches Pilot with bridgeMLS For Sales In California

Agents in Northern California, Bay Area will be able to list property and accept offers using the platform. 

Tech
May 24, 2022
Cenlar Appoints New Senior Vice President, CIO

Steven Taylor has background in multiple large-scale corporate mergers and acquisitions integrations.

Career
May 24, 2022
All-Cash Offer Fintech Ribbon Expands Into Arkansas

Crye-Leike real estate agency to serve as first partner in the state.

Industry News
May 23, 2022
Hometown Lenders Adds 9 Branches in 4 States

Adds locations in Oregon, Washington, Alaska, and North Carolina.

Industry News
May 23, 2022