GM SELLS MORTGAGE DIVISION

GM SELLS MORTGAGE DIVISION
PBS - 13 hours ago... RAY SUAREZ: Today's announcement by GM that it will sell a majority interest in its commercial mortgage division, known as GMAC, to an outside investment group ...

Mortgage applications drop 1.6%
DetNews.com, MI - 5 hours agoUS mortgage applications fell last week to the lowest level of the year as home purchases and refinancing declined, a sign housing will be less of a source of ...

UPDATE 1-NovaStar Financial to buy $940 mln of mortgage loans
Reuters - 10 minutes agoMarch 24 (Reuters) - NovaStar Financial Inc. (NFI.N: Quote, Profile, Research) on Friday said it agreed to buy about $940 million of mortgage loans and include ...

US mortgage rates easing
Monsters and Critics.com, UK - 18 hours agoNEW YORK, NY, United States (UPI) -- US mortgage rates for 30-year fixed-rate mortgages dipped last week for the second week in a row. ...

Family finances: New rule gives you a way to obtain credit score
Pittsburgh Post Gazette, PA - 9 hours ago... Say you applied recently for a $216,000 30-year fixed-rate mortgage: A great FICO score of 760-850 would have gotten you a low 5.8 percent interest rate. ...

GM finance arm sells mortgage-division stake
Pioneer Press, MN - 2 hours ago... Motors Corp., struggling to restore its financial vigor, said Thursday its finance arm sold a majority stake in its commercial mortgage division, raising ...

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