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Citi Becomes Latest Bank to Cut Off Mortgage Brokers
Wall Street Journal (blog)
By Matthias Rieker Citi put another nail in the coffin of the mortgage brokerage business: It will stop originating home loans through brokers. The move shows once again how the financial crisis is reshaping the mortgage industry.

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10:53 PM 02/03/2012


Bloomberg
Citi: Bank Will Exit Mortgage Brokerage Biz
Bloomberg
Enlarge image Citigroup Says Bank Will Exit Mortgage Brokerage Business Citigroup Says Bank Will Exit Mortgage Brokerage Business Victor J. Blue/Bloomberg A man walks past Citigroup Inc. offices in New York, US Citigroup Inc. (C), the third-largest US ...

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11:02 PM 02/01/2012


Bloomberg
PRESS DIGEST - Financial Times - Feb 2
Reuters
Financial Times JEFFERIES CONFIRMS HOARE GOVETT ACQUISITION Jefferies, the US-based investment bank, on Wednesday confirmed its acquisition of Hoare Govett, the UK broker, from Royal Bank of Scotland. BALLS CRITICAL OF UK'S NEW FINANCIAL BILL The bill ...
Jefferies to buy RBS Hoare Govett broking unitBanking Business Review
Dealtalk - RBS rivals eye key bankers but shun units for saleReuters UK

all 75 news articles »
01:56 AM 02/02/2012


Citigroup Makes It Even Harder for You to Get a Mortgage
Forbes
The bank's admission that it will stop using brokers — made to Bloomberg and Dow Jones Newswires late Wednesday by a spokesman for the bank — has been met with a collective shrug by the mortgage industry. After all, JPMorgan Chase (JPM) already went ...

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12:17 PM 02/03/2012


Sluggish mortgage sales – but borrowers still need to find home insurance
Mortgage Finance Gazette Online
It's important for lenders that mortgage borrowers have adequate insurance for their homes. Mark Holweger, broker and intermediary director at Legal & General's general insurance business, outlines how GI can help to support brokers in a low mortgage ...

03:16 PM 02/03/2012







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