ResCap to Cut 3,000 Jobs
“We did restrict our underwriting”
GMAC Financial Services said on Wednesday it would cut about 3,000 jobs, or 25 percent of the work force at its Residential Capital LLC mortgage operation. via North County Times
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8 must-ask mortgage and refi questions Too many people stop shopping when they hear a rate they like. There's more to it.read more...
VALUABLE EXPERIENCES Joshua Archibald, 35 Sold his Capitol Hill home just before the real estate market slowed read more...
Fitch Rates $780.5MM Lehman XS Trust, Mortgage P-T Ctfs, Series 2007-6 (Business Wire via Yahoo! Finance) NEW YORK----Fitch rates Lehman XS Trust $780.5 million mortgage pass-through certificates, series 2007-6 as follows:read more...
HBOS 2nd-Half Profit Rises; Mortgage Market Declines (Update2) (Bloomberg.com) March 1 (Bloomberg) -- HBOS Plc, Britain's biggest mortgage bank, posted second-half profit that missed analysts' estimates as its market share of mortgages declined and bad debts rose. The stock
British House-Price Growth Declines Shares of Bristol West Holdings dropped more than 8% on Wednesday after the auto insurer reported falling premiums and profit amid intense competition in Ca... More Resources EarthLink Unlimited Voice
Financial wisdom found in faith 'Followers of Christ just haven't had a lot of guidance from a finance perspective.read more...
October 17th, 2007
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