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Loan Modification

: Mortgage Lender Implode-o-Meter

HUD Fines CitiMortgage $700,000 for Failure to Report Delinquencies

By Implode-Explode Heavy Industries

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"The US Department of Housing and Urban Development (HUD) reached a $700,000 settlement with CitiMortgage, Inc. (CMI) after the company failed to report delinquent loans by the specified monthly deadline."

Full post as published by Mortgage Lender Implode-o-Meter on July 28, 2010 (boomark / email).

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