GE to pay $1.5 billion fine over WMC Mortgage subprime loans

GE to pay $1.5 billion fine over WMC Mortgage subprime loans

GE got into the subprime lending business at the height of the boom, buying WMC in 2004. WMC originated more than $65 billion in mortgages
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Trump Demonizes Migrants as He Profits From Them

“Tolerance for illegal immigration is not compassionate – it is cruel.” – President Trump, State of the Union Address, 2/5/2019. The Department of
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OPINION: Nedbank launches inventive open banking platform

JOHANNESBURG – For some time the mainstream banking sector has been disrupted by the financial technology (fintech) start-ups and the industry
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Wheel of Fortune's Wheelmobile is coming to Detroit on May 18 and 19

Wheel of Fortune is coming to Detroit and you could be a contestant! What is the Wheelmobile? The Wheelmobile is a 37-foot Winnebago that tours
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The largest commercial real estate brokerages in Greater Baltimore

Cushman & Wakefield is the largest commercial real estate brokerage in Greater Baltimore with 60 local licensed agents. In 2018, the firm had 742
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Mortgage approvals on the rise

Figures from the latest Mortgage Monitor from e.surv found that 66,174 mortgages were approved during March 2019, which is 4 per cent higher than
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General Electric agrees to pay $1.5 billion penalty for allegations related to subprime lending unit

General Electric agreed to pay the Department of Justice a $1.5 billion penalty for alleged accounting misrepresentations stemming from the
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Banks need to upgrade their PoS as 2G phases out: Telecom department

HYDERABAD: In the wake of 2G spectrum and services being phasedout, banks need to upgrade their Point of Sale (POS) machines to advanced
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Current Mortgage Rates Hit 52-Week Low: How does the FED affect current mortgage rates?

Current mortgage rates start to go down after the Federal Reserve announced that they do not have plans as of now to increase interest rates for the
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Bozeman hires affordable housing manager with banking background

The city picked a Bozeman man from the business of banking to lead its affordable housing program. People in the world of building and advocacy
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Mortgage appraisal platform integrates with BytePro LOS

Reggora, a cloud-based home appraisal platform for mortgage lenders and appraisers, has announced its integration with ValueLink's Byte Software's
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Is Now The Time To Look At Buying Lennox International Inc. (NYSE:LII)?

Let's talk about the popular Lennox International Inc. (NYSE:LII). The company's shares saw a significant share price rise of over 20% in the past
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GE to pay $1.5 billion fine over subprime mortgage misdeeds

General Electric GE, -0.55% will pay a civil penalty of $1.5 billion over subprime mortgage loans, the Department of Justice said Friday.
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Looking In The Rear-View Mirror: Darden Restaurants, Inc. (DRI), Edison International (EIX)

Darden Restaurants, Inc. (DRI) sank -1.82% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one
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Differences Between Commercial and Residential Lending, With Expertise From Bryan Ziegenfuse

WAYNE, PENNSYLVANIA, USA, April 12, 2019 /EINPresswire.com/ — In the real estate world, buying a home (residential lending) and a business
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Global Brass and Copper Holdings, Inc. (BRSS): Still in a Title Race

Global Brass and Copper Holdings, Inc. (NYSE:BRSS) has had quite a year when it comes to price performance. This company's stock managed to
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Global Payments Buys Discover Global Cards to Expand in APAC

Global Payments Inc.GPN along with Discover Financial Services (DFS) recently announced that it has acquired all the cards on the Discover Global
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How to Watch the 'Star Wars' Celebration Panels Live

The veil of secrecy about Star Wars Episode IX is about to be lifted. Friday, at 11am CT (12pm ET), Disney is expected to unveil the official name of the
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New study finds LGBT people less likely to be homeowners

A Freddie Mac study release in October 2018 found that homeownership rates among LGBT people trail behind those of the U.S. population at large.
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Gold, War and Dragons: Ranking the Richest Families in Game of Thrones

But at its core, Game of Thrones is a contest involving nine very wealthy families—and Bloomberg News knows how to measure the holdings of
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