Citigroup says mortgage applications are up 60%

07/5/2010 | Wall Street Journal, The

Citigroup is striving to revitalize its retail bank, helping bolster mortgage applications by 60% and jumbo mortgage applications by 30% over the past couple of months. Brad Dinsmore, head of North American retail banking business at Citi, said the pipeline for total mortgage applications has grown from less than $1 billion in February to nearly $2 billion in June.

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Wall Street Journal, The

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