General Electric to Sell WMC Mortgage, a Subprime Loan Unit (New York Times)
General Electric is getting out of the subprime mortgage market by selling WMC Mortgage, the company announced on Thursday.
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City planner raises ire in Madison Natchez City Planner Andrew L. Smith has hit a roadblock with plans to build a house in an upscale subdivision in the city of Madison, despite Smith's denial of the
Mortgage options lure buyers into danger zone (BizJournals) Mortgage lenders say the diverse loan options on the market are a boon for potential home buyers who wouldn't otherwise be able to get into the market, but they recommend
Coldwell Banker Recommends Using Holiday Spirit to Sell a Home at the End of the Year The end of the year is not just about holiday shopping, family gatherings and other festive events.read more...
Stocks end mixed as investors await data Traders Kevin Osowiecki, left, and Kevin Hackett smile as they watch the numbers near the close of trading on the floor of the New York Stock Exchange, Wednesday, March 21,
Stocks Fall As Oil Rises Stocks fell moderately Friday as oil prices weighed on investors' already rickety sentiment, while Treasurys rallied amid concerns about a meltdown in the subprime mortgage market.Commentread more...
Bonding Co. Sides with Contractor in Sewer Plant Dispute A bonding company claims Phoenix didn't have a proper basis to terminate a California firm that was building a $105 million sewer plant.read more...