Mortgage Brokers

Citi Becomes Latest Bank to Cut Off Mortgage Brokers

Citi put another nail in the coffin of the mortgage brokerage business: It will stop originating home loans through brokers.

Citi Stops Using Mortgage Brokers, Stock Going To $35

Citi is letting go of a business that accounts for around $6 billion in mortgage loans to its portfolio each year in return for a tangible improvement in its portfolio quality – besides the intangible benefit of garnering much needed investor confidence in its business.

Mortgage pullback hints of housing crisis

Mortgage pullback hints of housing crisis

Citigroup To Stop Making Mortgages Through Brokers

Citigroup Inc. (C), one of the U.S.'s largest mortgage lenders, will stop originating home loans through brokers.

Mortgage rates 'to be volatile'

Brokers are telling new borrowers to expect mortgage rates to see-saw in the coming months, owing to economic uncertainty.

Time ripe for mortgage move

How low can they go? The fixed-rate mortgages Windsorites tend to favour have come down to record levels in recent weeks, opening the door for those in a position to take advantage.

"Hidden" mortgage fee paying for payroll tax cut

New home buyers left holding the bag for two-month extension of payroll tax cuts, exclusive CBS News investigation finds