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National City Scales Back Mortgage Lines (AP via Yahoo! Finance)   National City Corp. said Thursday it is laying off 1,300 workers to shrink the bank's struggling mortgage business. The Cleveland-based bank said scaling back its home lending businesses and


MRG Manager Awarded the Certified Mortgage Technologist Designation By Mortgage Bankers Association (Business Wire via Yahoo! Finance)   DALLAS----MRG Document Technologies , a leader in document preparation and compliance in the mortgage industry, announced that Brian Nuckels, the company's client connectivity manager, was awarded with the Certified


FBI Investigates Mortgage Fraud (Detroit Now)  The FBI searched a local mortgage company Tuesday morning looking for answers. According to officials, the search is linked to a case of mortgage fraud, and other businesses could also


4 Ways To Rent With Bad Credit   I didn't realize just how far the effects of bad credit reached until I got denied for an apartment. via About.com read more...


Mortgage applications drop 6.7% (Detroit News)  Applications to purchase U.S. homes declined last week to the lowest level since November 2003, and refinancing slowed as mortgage rates increased, an industry report showed.read more...


Co-op confidential  BY JOANN C. GUTIN JoAnn C. Gutin is a writer in Manhattan. June 26, 2005 I'll be honest.via

October 18th, 2005

Card loan defaults growing in Mexico

Defaults on credit card loans in Mexico are growing faster than performing loans and accounted for 16.1 percent of total past-due loans from commercial banks at the end of the second quarter, the Banking and …

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