CitiMortgage

Things aren't moving along all that swimmingly in the loan modification world. The number of proprietary loan modifications – those conducted by lenders themselves rather than a government program -- fell by almost 14% in October, according to the Hope Now alliance. At least in part, the...

Several big banks have admitted that their employees routinely sign scads of foreclosure documents without verifying their information. Wells Fargo and CitiMortgage have denied engaging in similar practices. Yet new evidence shows they do.