Technology
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PHH Warns on Debt Financing Pullback; Sale to GE, Blackstone in Doubt
Sep 17, 2007PHH Corp., the nation’s 11th largest mortgage servicer according to National Mortgage News, warned today that its $1.8 billion sale to Blackstone and GE may collapse as numerous investment banks shy away from funding leveraged buyouts. PHH’s mortgage operations were to be bought by an affiliate of Blackstone, while GE planned to keep the company’s vehicle-leasing unit.
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Is Paying Your Mortgage With a Credit Card a Good Idea?
Sep 14, 2007 -
Hudson City Touts Prudent Underwriting
Sep 13, 2007 -
Report: WaMu Will Exit Warehouse Funding Business
Sep 12, 2007 -
Report: First Horizon to Lay Off 1,500, Close 50 Offices
Sep 12, 2007 -
Portellus To Exit Mortgage Technology Business
Sep 11, 2007 -
Optimal Blue Integrates with Calyx Point
Sep 11, 2007 -
Moody’s: Housing Slump to Last into 2009
Sep 10, 2007 -
ComUnity Scales Back Amid ‘Disruptive’ Market
Sep 04, 2007 -
Lone Star Looks to Revise Accredited Bid; Accredited Issues Rejection, Says Will Continue Lawsuit
Aug 31, 2007 -
Bernanke: No Such Thing as Containment, Fed Will ‘Do What is Needed’
Aug 31, 2007