(Reuters) - Ally Financial is "absolutely not" looking to sell its core U.S. auto lending business as it seeks ways to pay back $12 billion it owes to U.S. taxpayers after a government-funded bailout during the financial crisis, the company's CEO said Tuesday. Ally, the former in-house financing arm for General Motors Co , on Monday announced plans to sell some international operati
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Ally not looking to sell U.S. auto lending: CEO
Posted by mortgage 8 days ago (Editorial)
Tamweel May Tap Debt Market Again This Year, Acting CEO Says
Posted by mortgage 37 days ago (Editorial)
Tamweel PJSC (TAMWEEL) may consider tapping the debt market again this year after the United Arab Emirates mortgage lender raised $300 million from the sale of Islamic bonds in January.
Bank of America CEO says mortgage process "healing"
Posted by mortgage 74 days ago (Editorial)
(Reuters) - Though costly for banks, a $25 billion settlement over foreclosure abuses will help a slowly improving housing market, Bank of America Corp Chief Executive Officer Brian Moynihan said Thursday. "The mortgage process is healing, which is good for all of us and the economy," Moynihan said at an investor conference in New York. The settlement, which will cost Bank of America $1
Market recognizing BofA's progress, says CEO Moynihan
Posted by mortgage 81 days ago (Editorial)
CHARLOTTE, North Carolina (Reuters) - Investors are starting to recognize Bank of America Corp's efforts to build capital and streamline operations, but the bank still needs to show it can boost profits, Chief Executive Officer Brian Moynihan said in an interview this week. One promising sign is the second-largest U.S. bank by assets is attracting new customers for innovative services such as
Leumi Mortgage Bank CEO: Home prices won't fall dramatically
Posted by mortgage 85 days ago (Editorial)
CEO Shuki Burshstein: Leumi Mortgage Bank reported a profit of NIS 203 million, a 15% rise over 2010.
Ally Financial CEO says progress on mortgages must precede IPO
Posted by mortgage 97 days ago (Editorial)
Detroit-based auto and mortgage lender Ally Financial Inc. would be able to mount a public offering now, but the stock market wouldn't properly value the company, the chief executive said in an interview.
CEO, Garret Puckett, Proudly Announces the Recently Launched VA Loan Websites with Security America Mortgage, Inc ...
Posted by mortgage 107 days ago (Editorial)
CEO, Garret Puckett, Proudly Announces the Recently Launched VA Loan Websites with Security America Mortgage, Inc., for Veterans Relocating to North Carolina Garret Puckett, the CEO of Security America Mortgage, Inc. Proudly Announced the New Release of VA Loan State Specific Websites for Veterans Purchasing a Home in North Carolina, Texas, Florida, Louisiana, Colorado, California, Arkansas, and
Houston's Zeus Mortgage CEO Secures Placement in ?40 Under 40? List
Posted by mortgage 132 days ago (Editorial)
Zeus Mortgage, a leading mortgage lender, today announced National Mortgage Professional Magazine honored Steven Kaufman, CEO of Zeus Mortgage, with placement in the publication?s third annual ?40 Under 40? feature.
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