CIT Sells Home Loan Unit for $1.5 Billion - Street.Com
CIT Sells Home Loan Unit for $1.5 Billion - Street.Com
In a continuing attempt to prop up its balance sheet and stem the slide of its debt rating, CIT Group CIT is abandoning the residential loan business. The commercial finance company said it would sell its home lending business to Lone Star Funds for
Vermont Affordable Housing Gets $1.3 Million Boost - Forbes
BOSTON, July 1 /PRNewswire/ — The Federal Home Loan Bank of Boston (the Bank) awarded more than $1.3 million in grants, loans, and rate subsidies to fund 40 units of affordable rental housing in Vermont. Of that amount, more than $740,000 is in the
CIT dumps home-loan business - Newark Star-Ledger
Now that CIT Group has sold its subprime home-loan business, the commercial lender might next try to sell its railroad leasing business, which provides financing for rail cars, analysts said yesterday. The New York-based lender, which has 900
UDPATE 1-India’s SBI to review home loan rates next week - Reuters
NEW DELHI, July 1 (Reuters) - State Bank of India (SBI.BO: Quote , Profile , Research , Stock Buzz ), the country’s largest lender, will decide in a week’s time on raising interest rates on home loans, its chief said on Tuesday, following a hike in
