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0 minute read

GE, WMC Cut Back on Lending

April 13, 2007, 8:44am by Paul Jackson
News

Reuters is reporting that GE unit WMC mortgage slashed origination volume by more than two-thirds during the fourth quarter of 2006, in response to quickly deteriorating conditions in the subprime market.

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More:
  • Finance
  • Interest Rates
  • Reuters
  • Subprime Lending
Paul Jackson
About Paul Jackson
Paul Jackson is the former publisher and CEO at HousingWire.see full bio

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