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Updated over 9 years ago on . Most recent reply

User Stats

53
Posts
8
Votes
Felix Torres
  • Chelsea, MA
8
Votes |
53
Posts

Citi exiting mortgage servicing concers

Felix Torres
  • Chelsea, MA
Posted

Just found out this morning that Citi will be selling their mortgage services and exit by 2018. Do you think this is a sign of another crash for real estate? I heard also that some mortgages that are backed by securities can still default.

How do you feel and do you think this is a good thing? Should we be ready for another crash?

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