Latest Posts
GE claims it reached $1.5 billion settlement with DOJ over WMC subprime loans
Jan 31, 2019It appears that General Electric may finally be close to putting its shuttered subprime lending unit completely in its past. It’ll just cost the company $1.5 billion to do so. GE revealed Thursday that it reached a tentative agreement with the Department of Justice that would see GE pay a fine of $1.5 billion for the lending activities of WMC Mortgage.
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Housing market off to slow start in January
Jan 31, 2019 -
FHFA names new chief of staff
Jan 31, 2019 -
Better Mortgage raises $70 million, led by American Express
Jan 31, 2019 -
Mortgage Tech Rundown: Vendorly, ComplianceEase and more
Jan 31, 2019 -
Ginnie Mae hits loanDepot with VA mortgage restrictions
Jan 31, 2019 -
Home Builders: Confidence in Baby Boomer home sales strengthens
Jan 31, 2019 -
New home sales rose 16.9% in November, but were still down from 2017
Jan 31, 2019 -
Freddie Mac: Mortgage rates creep forward
Jan 31, 2019 -
Watch: AIME Chair Anthony Casa divests from Garden State Home Loans
Jan 31, 2019 -
Top Opportunities in the New Era of Reverse Mortgages
Jan 30, 2019 -
AARP: Debt is a Higher Priority Than Retirement Savings for Pre-Retirees
Jan 30, 2019