GMAC Financial to close offices - Chicago TribuneLender
| GMAC Financial to close offices - Chicago Tribune Lender GMAC Financial Services said Wednesday that it will close all of its 200 retail offices and bank one home equity loan eliminate about 5,000 jobs as part of a plan to reduce its mortgage lending and bank one home equity loan servicing because of the housing market downturn. The majority of the Source: www.chicagotribune.com Former Credit Suisse brokers accused of securities fraud - International Herald Tribune The broker said the securities were as safe as cash. After all, he claimed, the outfit that issued them, Glacier Education Loan, bought student loans guaranteed by the U.S. government. The problem: there is no such thing as Glacier Education Loan Source: www.iht.com Nikkei ends at 5-mth low, tech shares lead falls - Reuters TOKYO, Sept 4 (Reuters) - Japan's Nikkei average fell 1 percent to a five-month closing low on Thursday, dragged down by Tokyo Electron Ltd (8035.T: Quote , Profile , Research , Stock Buzz ) and bank one home equity loan other tech shares as worries grew about tech spending Source: www.reuters.com Revisiting McCain's Keating 5 history - Seattle Times At one time, John McCain said the worst thing that ever happened to him, Vietnam included, was the so-called Keating 5 scandal. "The Vietnamese," he would say, "didn't question my honor." Among McCain's earliest benefactors in Arizona was Lincoln Source: seattletimes.nwsource.com Lenders Move to Foreclose on Macklowe Loan - Wall Street Journal The dismantling of Harry Macklowe's New York real-estate empire continued as his main lender moved to foreclose on the former high-flying tycoon's largest development project. A group of lenders led by Deutsche Bank AG filed papers in New York Source: online.wsj.com IMF approves $750 million loan to Georgia-minister - Reuters TBILISI (Reuters) - The International Monetary Fund has approved a $750 million stand-by loan for Georgia following its brief war with Russia, Georgian Economic Development Minister Eka Sharashidze said on Wednesday. An IMF mission to the South Source: www.reuters.com Oak Park urges condo boards to give up right of first refusal in sales - Chicago Tribune The Oak Park Village Board this week passed a resolution intended to promote easier financing for condominium purchases by doing away with the authority known as "the right of first refusal." The resolution, proposed by real estate brokers, urges Source: www.chicagotribune.com Lawmakers to students: Be aware of loan fraud - Poughkeepsie Journal College students are their own best protection when it comes to being taken advantage of by college loan bureaucracies, Attorney General Andrew Cuomo said. That's why Cuomo and bank one home equity loan U.S. Rep. John Hall, D-Dover; state Sen. Steve Saland, R-Poughkeepsie Source: www.poughkeepsiejournal.com |