CIT Group Inc. said today that it has closed its home lending business, after saying July 18 that it intended to abandon residential mortgage lending. The closure will result in a $35 million charge, the company said in a press statement. The complete (yet brief) statement can be found here.
Paul Jackson is the former publisher and CEO at HousingWire.see full bio
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Paul Jackson is the former publisher and CEO at HousingWire.see full bio