Posted by Notary_OH on 11/8/07 12:56pm
Msg #220237

Fiserv and Citibank Home Equity Loans

How is this business out there? I used to get five or six per week, now it's less than half of that.

Is there any new information about these Citibank loans? Is it just slow like the rest of the industry or is this product being phased out?

Any thoughts or ideas?

Reply by Becca_FL on 11/8/07 1:09pm
Msg #220244

http://ml-implode.com/imploded/lender_CitimortgageCorrespondent(2nds)_2007-11-05%20.html

Reply by Notary_OH on 11/8/07 1:13pm
Msg #220246

I suppose it's "adios" to that business. (Oy vey.)

Reply by ME/NJ on 11/8/07 2:26pm
Msg #220256

I avg about 10/week then Aug and Sept came by. Since rates have dropped on HELOCs the Citi loans are back up for me. I have 7 on the books for this week and 6 already scheduled for next week.

Reply by Angel Richard on 11/8/07 2:37pm
Msg #220257

I wish I get some business like that in Illinois. Haven't had a closing in 3 weeks. The market is really bad.

Great you for!!!!

Reply by Vince/KS on 11/8/07 6:06pm
Msg #220293

Three of these so far this month and another tomorrow n/m