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Citadel Drastically Reduces Non-Prime Interest Rates

NationalMortgageProfessional.com
Feb 03, 2020
Non-QM specialist Citadel Servicing Corporation (CSC) has announced that the company has been purchased by funds controlled by HPS Investment Partners LLC

Non-QM specialist Citadel Servicing Corporation (CSC) has announced that it has dropped rates by 0.500 percent (50 basis points) across all product lines and programs.
 
“This market segment is continuously changing and as an industry leader Citadel Servicing has to adapt. Our borrowers have shown a great demand for the One Month Bank Statement (OMBS) program and as a leader in the market, we wanted to cement our position as the go to lender and servicer for non-QM loans,” said CSC President and Chief Operating Officer Kyle Gunderlock. “This a great time to purchase or refinance. CSC is more than happy to help our customers do just that with great programs, exceptional service and the best rates.”

 
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