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September 04, 2015 7:12 AM ET

Thrifts and Mortgage Finance

Company Overview of CitiMortgage,Inc.

Company Overview

CitiMortgage,Inc. provides mortgage financing and refinancing services for customers and partners in the United States. It also offers a portfolio of financial services, including banking, insurance, asset management, credit cards, and more; and homeowner support services. The company serves first-time homebuyers and homeowners. CitiMortgage,Inc. was formerly known as CitiCorp Mortgage, Inc. and changed its name to CitiMortgage,Inc. in April 2000. The company was founded in 1979 and is headquartered in O'Fallon, Missouri. CitiMortgage,Inc. operates as a subsidiary of Citibank, National Association.

1000 Technology Drive

O'Fallon, MO 63368-2240

United States

Founded in 1979

Phone:

800-667-8424

Fax:

301-696-5431

Key Executives for CitiMortgage,Inc.

Chief Executive Officer and Head of U.S. Consumer & Commercial Banking Units
Chief Financial Officer
Senior Vice President
Managing Director of Correspondent Lending Division
Head of Global Mortgages
Age: 50
Compensation as of Fiscal Year 2015.

CitiMortgage,Inc. Key Developments

CitiMortgage Promotes Davies to Head of Global Mortgages

Jane Fraser, the CEO of CitiMortgage and head of Citigroup's U.S. consumer and commercial banking units, is handing responsibility for day-to-day global mortgage operations to her current mortgage lieutenant, CD Davies. Davies, a former of head of mortgages at Wachovia Corp. and Capital One, was hired by Citi in March 2014 to head its U.S. mortgage operations. He will now oversee consumer mortgage lending in the U.S. and in 13 countries globally, and will continue to report to Fraser.

CitiMortgage, Inc. Presents at 2014 AREAA Global and Luxury Summit, Apr-14-2014 03:15 PM

CitiMortgage, Inc. Presents at 2014 AREAA Global and Luxury Summit, Apr-14-2014 03:15 PM. Venue: Waldorf Astoria Hotel, New York, New York, United States. Speakers: Josh Goldstien, Senior Vice President, Director of Global Client Lending.

CitiMortgage, Inc. to Lay Off 1,000 Employees

CitiMortgage, Inc. to lay off about 1,000 employees, but only a small number of the cuts will come at its O'Fallon, Mo., headquarters. The layoffs in sales, fulfillment, underwriting and mortgage default functions include 760 positions in Las Vegas, 100 positions in Irving, Texas, and 150 positions elsewhere in the U.S. Fewer than 20 of the layoffs are local.

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