Bear Stearns cuts another 310 mortgage jobs
Story date: 2007-10-03 01:07:00
Added on: 2007-10-03 14:00:23
MSN MoneyCentral - The downturn began with a rise in defaults among high-risk mortgage borrowers. Wall Street firms built large, mortgage businesses to ensure a flow of loans to package into securities for sale. Some are now closing down origination units. Copyright 2007 ...
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