GE’s work force fell by 6 percent in 2009
Thursday, March 17th, 2011General Electric’s overall work force fell by about 6 percent worldwide in 2009 as it struggled to deal with the effects of the deep recession and financial crisis, according to a company regulatory filing Friday.
Paulson: Mortgage Players Must Keep ‘Skin In The Game’
Wednesday, March 16th, 2011WASHINGTON (Dow Jones)–Former Treasury Secretary Henry Paulson said Thursday underwriters and originators of mortgage-backed securities should retain some “skin in the game” by keeping a portion of those securities.
Fannie Mae asks for more federal aid after Q1 loss
Wednesday, March 16th, 2011Fannie Mae (FNM.N), the largest U.S. residential mortgage provider, on Monday reported a net loss of $13.1 billion in the first quarter and said it tapped the Treasury for additional aid of $15.3 billion.
Greece’s debt crisis pushes down mortgage rates here
Wednesday, March 16th, 2011Many consumers may not be able to take advantage.
Nationwide Home Loans Fall 37% on Contracting British Market
Wednesday, March 16th, 2011Nationwide Building Society, the U.K.’s largest customer-owned lender, said gross residential mortgage lending dropped 37 percent to 12 billion pounds ($17.2 billion) in the last fiscal year as housing transactions slumped.
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