Mortgage Bankers

BofA to Sell or Close Another Mortgage ARM, Putting Jobs at Risk

(Source: LA Times) – Bank of America Corp. has put another giant piece of the Countrywide mortgage empire on the auction block — the correspondent lending arm, which buys closed home loans from mortgage bankers, commercial banks and other loan [...]


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Three Favorite Big U.S. Banks

(Source: Barrons) – There has been a confluence of issues surrounding the largest mortgage players over the last few weeks.


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