GE Will Seek Buyer for Subprime Mortgage Unit After Defaults (Bloomberg.com) July 13 (Bloomberg) -- General Electric Co. plans to sell its three-year-old U.S. subprime mortgage unit following a surge in defaults by borrowers.read more...
Kentucky adopts new mortgage licensing forms (Cincinnati Business Courier) The Kentucky Office of Financial Institutions has adopted national uniform mortgage licensing forms.read more...
Capital Bank & Trust Co. Otc BB: CBTI Headquarters: 7 Southwoods Blvd., Corporate Woods, Colonie Company founded: 1995 Activities: Serves small to midsize businesses, professionals and high- net-worth individuals via three branches: two in ...read more...
Fannie Mae says it expects to spend over $1 billion this year on accounting review Fannie Mae said Wednesday it expects to spend more than US$1 billion this year on the massive review of its accounting and preparing financial statements as the mortgage giant pushes
Simply StyleIn Words that would put a smile on the face of even the most bah-humbugged over the holidays: "Help yourself to some eggnog, we have spiked and not spiked." That was
Regulators call on lenders to work with borrowers to avoid mortgage foreclosure (Naples Daily News) With foreclosures rising, federal bank regulators called on lenders Tuesday to work with distressed borrowers unable to meet payments on high-risk mortgages to help them keep their homes. The heads
The Main Street project, a $30 million mixed-use development under construction, will have 235 residential units, both for rent and for sale, and 25,000 square feet of retail space.
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