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HPS Investment Partners Acquires Citadel Servicing Corporation Non-QM specialist Citadel Servicing Corporation (CSC) has announced that the company has been purchased by funds controlled by HPS Investment Partners LLC. HPS is a global investment firm that specializes in creative capital solutions and manages strategies across capital structures. HPS was founded in 2007 and…

Citadel drops rates across the board

  • Tuesday, 04 February 2020 10:48
Citadel drops rates across the board Citadel Servicing Corporation has dropped rates by 50 basis points across all product lines and programs, the company has announced. The company has also made extreme changes to its One Month Bank Statement (OMBS) program, which allows borrowers to qualify for loan amounts of up to $7.5…
One Month Bank Statement & VOE Rate Sheet & Matrix: Self-employed Borrowers (two-year history required by (i) CPA Letter or (ii) Articles of Inc.) U.S. residents First Time Home Buyers Qualify (see details below) Purchase Max LTV of 75% Refinance Max LTV of 70% (rate and term or cash out) Borrowers with a…
Citadel Launches New Commercial Program for Non-Residential Properties Citadel Servicing Corporation (CSC) has announced the launch of its new Commercial Property lending program, being added to Citadel’s Outside Dodd-Frank Plus program. The Commercial Property lending program is designed specifically for commercial property investors and owners, offering lending options for properties of five to…