Citifinancial windsor ontario consolidating

– its Belvedere subsidiary is in default and faces margin calls Apex Financial Group/Aapex Mortgage – commission checks delayed, licenses suspended Apex Mortgage/Aapex Mortgage – reportedly cease all opertions Apex Lending, Inc.– shut down Appalachian Community Bank – shut by FDIC APS Mortgages Limited (UK) – independent brokerage shut down Arcola Homestead Savings Bank – shut by FDIC Argent – sold to Citigroup Assured Lending Corp – to exit wholesale lending Atlantic Bank and Trust – shut by FDIC Atlantic Southern Bank – shut by FDIC Aurora – stopped wholesale and correspondent lending Aurora Loan Services – 160 employees laid off Aurora Loan Services – laid off 70 in Florida, 139 in NJ Aurora Loan Services – cut 93 jobs in El Toro, CA Axix Mortgage – closed Banco Santander – to buy UK lender Alliance & Leicester PLC Bank Atlantic – laid off 115 employees Bank First – shut by FDIC Bank of America – cut 34 jobs at Saratoga Springs, NY mortgage office Bank of America – halts reverse mortgage lending Bank of America – halts wholesale mortgage lending Bank of America – to cut up to 35,000 jobs Bank of America – to buy Countrywide Bank of America – Countrywide merger possibility, continued layoffs Badger State Bank – shut by FDIC Bank of America – cutting 3,000 jobs in investment banking unit Bank of America – to cease wholesale lending, 700 layoffs Bank of America – to cut 650 jobs, sell its prime brokerage unit Bank of America – cut 224 jobs in Tampa, 195 in Troy Bank of America – to cut 7,500 jobs post merger Bank of America – completes purchase of Countrywide Bank of America – to buy Merrill Lynch Bank of Choice – shut by FDIC Bank of Clark County – shut down by FDIC Bank of Ellijay – shut by FDIC Bank of Elmwood – shut down Bank of Granite and Granite Mortgage Inc.– shut down, layoffs All Fund Mortgage – rumored to be closed, acquired by Carlile Investments Inc.Allstate Home Loans – shut down after buyout Ally Financial – sold European mortgage assets/operations to Fortress Investment Group ALT Funding – believed to have ceased operations Alterna Mortgage – New Jersey wholesale lender closed Alternative Financing Corp.– halts loan origination Beazer Homes – closed office, layoffs, subpoenaed for fraud Beazer Homes – cut 25% of staff Belvedere Trust Mortgage – two default notices, unlikely to pay back loans Ben-Ezra & Katz – cut nearly half of staff Ben-Ezra Law Firm – cuts 146 jobs, exits foreclosure space Benchmark Bank – shut by FDIC Beneficial Finance – layoffs BF Saul Wholesale Group – layoffs and closures, could be dissolved Blackand uk – halts lending, layoffs Blackstone Group – buying PHH Mortgage BMC Capital – to acquire NMB Capital BNC Mortgage – filed bankruptcy BNC Mortgage LLC – shut down – consolidated with Aurora Loan Services layoffs BNC Mortgage – cut 175 jobs in Nor. Cal BNY Mortgage – changes name to Ever Bank Reverse Mortgage Bradford & Bingley (UK) – nationalized, 370 layoffs Bradford Bank (MD) – shut by FDIC Bramble Savings Bank – shut by FDIC Brickwell Community Bank – shut down by FDIC Bridger Commercial Funding – closing Broad Street Mortgage – sold to Wausau Mortgage Corp.Broadway Bank – shut by FDIC Broker Source – ceased operations Brooks America Mortgage Corp.– most staff laid off, The Money Store to take over by Dec.

– shut by FDIC Advantage Home Loans – closed Advent Mortgage – merged with New Equity Mortgage AIG – to buy Equity One Aegis Funding – closed, seeking bankruptcy protection Aegis Mortgage Corp.– suspends operations Century Bank FSB – to halt wholesale lending Century Bank FSB – shut down by FDIC Century Security Bank – shut by FDIC CF Bancorp – shut by FDIC CFIC Home Mortgage – closing down Champion Bank – shut by FDIC Champion Home Builders – 196 layoffs Chapel Funding – bought by Deutsche Bank Charcol Mortgages (UK) – cut up to 50 jobs Charter Bank (Santa Fe, NM) –shut by FDIC Charter Funding – believed to be closed by parent First Magnus Financial Charter Mortgage – shut specialty lending unit Charter Oak Bank – shut by FDIC Charter One – exits wholesale lending Chase – to buy Bear Stearns Chase – closing subprime loan facility in Ontario, CA 91 layoffs Chase – Washington Mutual merger Chase – wholesale lending division shut down Chase – shut home equity and subprime wholesale units, layoffs Chase – shut warehouse lending unit, cutting another 2,800 Wa Mu jobs Chase – closed operation centers in CA and NJ Chase – shut home equity processing center in Rochester, 300 layoffs Chase – cut roughly 100 home equity jobs in Indianapolis Chase – cut 9,200 Washington Mutual jobs Chase de Vere Mortgage Management (UK) – to close Chase Home Finance – closed retail subprime operations center in Woodcliff, NJ Chase Home Finance – shut 430-employee branch in Lexington, KY Chase Home Lending – cut 55 jobs in San Diego Chase Home Lending – cut 52 wholesale mortgage jobs in Orange, CA Chase Home Lending – cut 132 jobs in Ohio Chase Home Lending – unit closing in Charlotte, 92 layoffs Chase Home Lending – cut 266 jobs in Pennsylvania Chase Home Mortgage – halts construction lending Chase Wholesale Lending – shut four loan centers, cut 175 jobs Chestatee State Bank – shut by FDIC Chevy Chase – layoffs, to stop lending in CA Chevy Chase – cut correspondent channel, facing class-action lawsuit Chevy Chase – halts construction-to-perm lending Chevy Chase – seized wholesale lending Chevy Chase – layoffs Chicago and Dallas Federal Home Loan Banks – proposed merger off CHL Mortgages (UK) – to cut 20% of staff Choice Capital Funding – rumored to be closed CIBC – layoffs CIT Group Inc.– shut down mortgage division 500 layoffs CIT – files for bankruptcy CIT Group – sold remaining mortgage assets to Lone Star Funds Citadel – buying Res MAE Citigroup – to cut 50,000 jobs Citigroup – layoffs as high as 45,000 Citigroup – bought ABN AMRO Mortgage Group, acquired assets of Argent Mortgage Citigroup – mortgage layoffs reported Citigroup – layoffs in collateralized debt obligation unit Citigroup – to sell or shut down First Collateral Services Citigroup – to layoff 2000 investment bankers/traders Citi – to buy Wachovia Citi – to cut 9,000 jobs Citi – cut about 30 jobs in structured-credit group tied to mortgage losses Citi – to close Future Mortgages (UK) and Citi Financial (UK subprime), layoffs Citi – cut 125 jobs in Texas Citi – to cut up to 6,500 investment banking jobs Citi correspondent – lending halted Citi Financial – to close 376 branches, 500 layoffs Citi Home Equity – layoffs Citi Mortgage wholesale – to cut jobs, drop brokers Citi Mortgage – layoffs and closures Citi Mortgage – halts wholesale home equity lending, 500 layoffs Citi Mortgage – halted jumbo wholesale lending Citi Mortgage – cut 190 wholesale mortgage jobs in Des Moines, IA Citi Mortgage Wholesale – layoffs, territories realigned Citi Residential Lending – retail mortgage unit to be consolidated Citizens Bank – mortgage layoffs Citizens Bank and Trust Company of Chicago – shut by FDIC Citizens Bank of Effingham – shut by FDIC Citizens Community Bank – shut by FDIC Citizens National Bank – shut down Citizens Republic Bancorp – to cut 60 jobs, mainly from mortgage processing Citizens State Bank – shut by FDIC City Bank – shut by FDIC Clear Choice Financial – in default, Bankruptcy possible CMXL – acquired All Fund Coast Bank – sold to First Banks of St.Although it is by no means authoritative, it is definately exhaustive.The reason we put it up is to show you the changes you would follow, if you were to try to complete the mortgage modification process yourself.

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