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Lawsuit claims Xactus, Equifax, others violated Fair Credit Reporting Act

July 8, 2025 by bp56691
A suit naming Xactus, Equifax, Citibank and Wells Fargo as defendants was filed in San Bernardino County Superior Court in late May.
Categories California, Citigroup, Credit, Equifax, HWmember, Lawsuit, Legal, Mortgage, Wells Fargo, Xactus

BofA, Citi warn of slower growth ahead as mortgage business softens

April 16, 2025 by bp56691
Bank of America and Citi reported lower mortgage production between Q4 2024 and Q1 2025 — and conditions ahead could remain challenging.
Categories Bank of America, Citigroup, Earnings, HWmember, LendingLife, Mortgage, Origination

Citi invests in mortgage platform Pylon

November 26, 2024 by bp56691
Mortgage infrastructure provider Pylon received a minority investment from Citi, and will sell mortgages on its platform through the bank’s mortgage trading desk.
Categories Artificial Intelligence, Citigroup, LendingLife, Mortgage, Origination, Technology

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