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Loan Modification, Short Sale, Foreclosure, Tax & Legal Ramification - Free Workshop: Don Jessup

First Public Event - Loan modification, Short Sale, Foreclosure, Tax & Legal Ramificaiton. Free Homeowner Workshop: April 18, 2009 - Saturday ...

Comparing Citigroup (C) and Access National Corporation (NASDAQ:ANCX)

Shares of Citigroup Inc. (NYSE:C) have been given a consensus rating of “Buy” by the twenty-eight brokerages that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation, fifteen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $75.26.

A number of equities analysts have recently issued reports on C shares. J P Morgan Chase & Co set a $73.50 price target on Citigroup and gave the stock a “buy” rating in a research note on Wednesday, August 2nd. Vetr raised Citigroup from a “buy” rating to a “strong-buy” rating and set a $76.34 target price on the stock in a report on Thursday, August 3rd. Wells Fargo & Company assumed coverage on Citigroup in a report on Wednesday, August 9th. They issued an “outperform” rating and a $90.00 target price on the stock. set a $74.00 target price on Citigroup and gave the stock a “hold” rating in a report on Friday, August 11th. Finally, Keefe, Bruyette & Woods set a $75.00 target price on Citigroup and gave the stock a “buy” rating in a report on Sunday, August 13th.

Acquisition doubles Mid America's origination volume

American Southwest's loan pipeline will be moved to Mid America's proprietary Mortgage Machine loan origination system. Mid America is acquiring an interest in the existing pipeline.

In addition, American Southwest's retail unit gets immediate access to Mid America's Click n' Close digital lending system . The third-party channels at American Southwest will get access at a later date.

"Mid America's commitment to delivering a faster, more efficient mortgage process via technology has put us in a unique position to partner with firms like American Southwest to revitalize and streamline their operations, which ultimately provides their customers with better service," Jeff Bode, Mid America's owner and CEO, said in a press release.

"As we make this transition, we do so with an eye toward minimizing disruption to American Southwest's existing customers while also migrating its pipeline to our fully digitized origination and closing process."

Last year, American Southwest did $1.67 billion in total volume, with $690 million in retail, $588 million in the correspondent channel and $383 million in wholesale.

Why do you need to input national insurance number on mortgage application? UK?

I have had a mortgage app approved but I was just wondering why you have to input your national insurance number? Is there anything they can find out from the number itself? Would lenders have access to any records from the number?


Its just a way they can confirm who you are, they don't use it to gather any information so it isn't anything for you to worry about.