Mortgage lender to cut staff 25% (CNN Money)
Story date: 2007-10-17 06:52:17
Added on: 2007-10-17 23:48:49
Residential Capital LLC, the home lending arm of the former General Motors finance unit GMAC, announced it is cutting 3,000 jobs, or 25 percent of its already reduced staff, in the latest fallout from the meltdown in mortgage markets.
Read more...
Related Stories:
-
Latest: ING Insurance appoints CEO
Business Times Malaysia - Under her management, the division became the leading provider of employee benefits in the country, with 240 staff....
2007-10-11 03:46:00 -
(ERIC SEALS/Detroit Free Press)
Detroit Free Press - State and U.S. attorneys general should investigate investment schemes that led to home mortgage foreclosures and the collapse...
2008-02-01 12:18:00 -
News Minute: Retired general backs Dems...Voting comes early ...
WDAM-TV - ... McMillin shuffles police department staff 2 men charged with home repair fraud ... The Latest in House and...
2007-11-21 06:25:00 -
Written by Yinka Kolawole
Vanguard - Home Refinance - available for refinancing an existing mortgage from another financial institution. Home Construction or Renovation - this loan...
2008-03-09 05:02:00 -
Customers pressured as banks force staff to sell debt
News.com.au - And lending staff can miss out on bonuses of up to $12,000 if they fail to sell $28 million worth...
2008-01-13 03:14:00 -
Green Leaf Lending, Inc. and John Nielsen Are Victims of the Actions of Eric Pony and Others Involved in the Home ... (Centre Daily Times)
Green Leaf Lending, Inc. and John Nielsen are defendants in the mortgage fraud case brought by California Attorney General Edmund G. Brown,...
2008-04-15 04:01:15 -
AG: Homebuyers Not At Fault In Lending Schemes (New London Day)
Cromwell — A predatory lending scheme in New London is the “poster child” for a diseased lending industry, Attorney General...
2008-04-11 04:34:42 -
Fed Unveils Home Mortgage Plan
Washington Post - WASHINGTON -- The Federal Reserve unveiled a proposal Tuesday that would give people taking out home mortgages new protections...
2007-12-18 06:40:00