Mortgage Operations stories:
GMAC Reports Third-Quarter Loss as Loan Defaults Pinch Results
Nov 4th, 2009 - Bloomberg
Nov. 4 (Bloomberg) -- GMAC Inc., the auto and mortgagelender negotiating a third round of government aid, reported athird-quarter loss tied to rising mortgage defaults.
Mortgage applications dip: MBA
Oct 14th, 2009 - Reuters
NEW YORK (Reuters) - U.S. mortgage applications dipped last week as interest rates on 30-year loans rose above 5 percent, data from an industry group showed on Wednesday. The Mortgage Bankers Association said rates on 30-year fixed-rate mortgages...
BofA retires Countrywide brand
Apr 27th, 2009 - bizjournals
Bank of America Corp. launched a new mortgage and home equity loan brand Monday as a result of combining the previously acquired Countrywide Home Loans with the bank’s mortgage operations.
Bank of America scraps Countrywide name
Apr 27th, 2009 - Reuters
NEW YORK, April 27 (Reuters) - Bank of America Corp (BAC.N) onMonday discarded the Countrywide brand in its mortgage operations,a name now sullied by risky home loans...



