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Ally CEO Carpenter Says IPO on Hold Until Mortgage Woes Ease San Francisco Chronicle Ally posted a $250 million loss after absorbing $270 million of expected penalties tied to foreclosures by Residential Capital LLC, or ResCap, the Detroit-based lender's mortgage unit, according to a statement. The firm may seek bankruptcy for ResCap ... |
BS People: Sanjay Shukla - Business Standard
<B>BS People:</B> Sanjay Shukla Business Standard At Citibank, he set up the foreign lender's mortgage business across non-metro cities in India. He was also the first employee at Tata Capital Housing Finance. He joined ING Vysya Bank as he believes that the private lender provides growth ... |
The downside of mortgage guarantees - Hindu Business Line
The downside of mortgage guarantees Hindu Business Line There is no substitute to painstaking loan appraisal by the lender. Mortgage insurance was earlier held up as one, but there aren't many takers for it in India, though that would make life a lot easier for mortgage finance companies. |
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