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Bad Home Loans Weigh on Guaranty Bank - LoanSafe


Bad Home Loans Weigh on Guaranty Bank
LoanSafe
(Source: Paul Gores Milwaukee Journal Sentinel (MCT) — Guaranty Bank, which profited for years making mortgages and home-equity loans to consumers, now is struggling just to post a profitable quarter. The Brown Deer-based lender, the ninth-biggest ...

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ResCap to Stop Funding $1.7 Billion in Home Equity Loans - San Francisco Chronicle


ResCap to Stop Funding $1.7 Billion in Home Equity Loans
San Francisco Chronicle
May 15 (Bloomberg) -- Residential Capital LLC, the bankrupt mortgage company indirectly owned by the US government, won court approval to quit funding $1.7 billion in consumer home equity lines of credit to conserve cash. US Bankruptcy Judge James Peck ...

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A Real Estate Firm's History Is Told in Its New Home - New York Times


New York Times

A Real Estate Firm's History Is Told in Its New Home
New York Times
With its modestly priced ($8 million) but intensively conceived new headquarters, Rechler Equity has remade its original workmanlike home into a building with a 40-foot-high atrium, transparent glass and steel conference rooms.

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Business Highlights - BusinessWeek


CBC.ca

Business Highlights
BusinessWeek
That nearly matches January's pace of 4.63 million -- the best in two years. It is still well below the nearly 6 million that most economists equate with healthy markets. A pickup in hiring has combined with lower mortgage rates and lower home prices ...
Ford's Blue Oval is back in the familyWDIV Detroit

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The Business Finance Store Discusses Financing a Business Through Home Equity - San Francisco Chronicle (press release)


The Business Finance Store Discusses Financing a Business Through Home Equity
San Francisco Chronicle (press release)
For those who own a home and a business, borrowing against their home may seem like a viable option when money is tight. However, for many home equity loans or lines of credit may not be the best option as it puts their home on the line.

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