You are here

Citi plans to exit mortgage servicing by end of 2018


CITIGROUP plans to exit the mortgage-servicing business by the end of 2018 to focus on making new loans.

New Residential Investment Corp agreed to pay Citigroup US$950 million for servicing rights on Fannie Mae- and Freddie Mac-backed loans with US$97 billion of

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom