Bear Stearns to combine mortgage origination businesses (Sharewatch)
Story date: 2007-10-03 10:00:49
Added on: 2007-10-03 19:00:49
LONDON (Thomson Financial) - Bear, Stearns & Co Inc said it is combining its mortgage origination lending businesses, Bear Stearns Residential Mortgage and Encore Credit, into a single unit under the name Bear Stearns Residential Mortgage Corporation.
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