Industry News

Hibernia to sell mortgage servicing portfolio to CitiMortgage

Co. anticipates some positions to be cut
Published on Aug 20, 2004

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Hibernia has announced it is selling its approximately $10 billion, third-party residential mortgage-servicing portfolio to CitiMortgage. Financial terms were not disclosed. Hibernia will continue to originate home loans after the sale. The company for some time had been considering its ...

Comments