A financial company that is betting on a Detroit turnaround is trying to lure laid-off Yahoo workers to Michigan.
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Mortgage Lender Wooing Laid-Off Yahoo Workers To Detroit
Posted by mortgage 43 days ago (Editorial)
Saxon Mortgage to lay off 454 workers in Fort Worth
Posted by mortgage 50 days ago (Editorial)
It is closing its loan servicing facility on Mercantile Drive.
Ex-Credit Suisse workers face charges in subprime case: sources
Posted by mortgage 112 days ago (Editorial)
(Reuters) - U.S. authorities are preparing to charge former Credit Suisse Group AG employees with criminal and civil fraud related to write-downs on subprime mortgage derivatives at the height of the financial crisis, sources familiar with the matter said. Credit Suisse will not be charged in the matter, which is being investigated by federal prosecutors and the U.S. Securities and Exchange ...
MetLife Exits Mortgage Business, Workers to Lose Jobs
Posted by mortgage 133 days ago (Editorial)
MetLife Inc., the largest U.S. life insurer, said it will shut its home mortgage-origination operation, costing the company at least $90 million and most of the 4,300 employees at the unit their jobs.
MetLife Quits Mortgage Business, to Cut Most of 4,300 Workers
Posted by mortgage 133 days ago (Editorial)
MetLife Inc., the largest U.S. life insurer, said it will shut its home mortgage-origination operation, costing the company at least $90 million and most of the 4,300 employees at the unit their jobs.
Citigroup wins in workers' 401(k) stock drop appeal
Posted by mortgage 216 days ago (Editorial)
NEW YORK (Reuters)?Citigroup Inc. is not liable to thousands of workers who said it should not have offered bank stock in its retirement plans because it knew its subprime mortgage exposure made that stock a bad investment, a federal appeals court said.
Quicken Loans to welcome 2,000 workers in Detroit
Posted by mortgage 226 days ago (Editorial)
About 2,000 Quicken Loans employees are scheduled to move into the recently purchased Chase Tower in downtown Detroit. The online retail mortgage lender says they'll join 1,700 Quicken employees already working at the company's headquarters inside the Compuware Building.
Quicken Loans Moving More Workers
Posted by mortgage 246 days ago (Editorial)
Online retail mortgage lender Quicken Loans Inc. plans to start moving another 2,000 employees to offices in Detroit from the suburbs in about two weeks.
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