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H&R Block Inc. has chosen a former executive in General Electric?s subprime mortgage operation to be the tax preparer?s chief financial officer.
It is no exaggeration to say that since the 1980s, much of the financial sector has become criminalized, creating an industry culture that tolerates or even encourages systematic fraud. The behavior that caused the mortgage bubble and financial crisis was a natural outcome and continuation of this pattern, rather than some kind of economic accident. It is important to understand that this ...
Ally Financial Inc.'s troubled mortgage unit Residential Capital LLC filed for Chapter 11 bankruptcy early today as the Detroit-based auto lender said it may sell its international businesses.
Sears Financial expands offerings with the launch of mortgage services
Ally Financial Inc.'s (GMA.XX) troubled mortgage subsidiary filed for Chapter 11 bankruptcy early Monday, potentially paving the way for Ally to sever itself from substantial litigation that has been a drag on its other operations and prevented it from repaying the remainder of its government bailout.
Dakin Campbell Bloomberg News - Detroit-based Ally Financial Inc. , the auto lender majority-owned by taxpayers, has received U.S.
RICHMOND, Va., May 7, 2012 /PRNewswire/ --

Time running out for Ally Financial

Posted by mortgage 16 days ago (Editorial)
Interviews with people directly involved in Ally?s restructuring reveal how missed opportunities, competing interests, lax oversight from the government and bad luck have stymied Ally

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