GE’s WMC Mortgage to lay off half of staff (Washington Post)
BOSTON (Reuters) – General Electric Co.’s (GE.N) WMC Mortgage subprime lending unit plans to lay off 771 workers, about half of its staff, a spokeswoman said on Thursday.
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Mortgage brokerage pulls vanishing act (NorthJersey.com) They drove brand new luxury cars and were rarely seen without their staple accessories: cigarettes and cellphone earpieces. But the men behind AMG Mortgage suddenly vanished one weekend in early
New for sale by owner technique In a real estate market where homes are sitting for months, even years, before an offer is made, no less a purchase and sale agreement signed, just what are these
Steps in Financing a Home, From Qualification to Lock Home buyers sometimes get into trouble because they don't understand the steps involved in financing their purchases. These steps are qualification, preapproval, approval and lock. read more...
Govt targeting rogue mortgage brokers (AAP via Yahoo!7 News) Rogue mortgage brokers who prey on people desperate for credit will be driven out of the industry under changes being proposed by the NSW government.read more...
Home improvement aid increased For those shut out of a Pembroke Pines improvements program because their homes were worth too much, a door has just reopened.read more...
UAIC signs an agreement with Canada Mortgage & Housing Corporation to establish the first mortgage insurance company in (AME Info) United Arab Investors Company (UAIC) announced today that it has signed an agreement with Canada Mortgage & Housing Corporation (CMHC) to establish the first mortgage insurance company in Jordan.read more...