Wholesale AE Named Mrs. America
An account executive for the wholesale lending subsidiary of ACC Capital Holdings has been crowned Mrs. America.
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Top Mortgage Industry News During September
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Merrill Lynch Acquires Nonprime Business
Merrill Lynch & Co. is getting into subprime wholesale lending.


New Countrywide President
The country's largest mortgage originator tapped an insider to be its new president.

Mortgage Outlook Gloomy
Countrywide's founder and CEO is predicting a rocky ride in the short term for the mortgage industry and those who invest in mortgage related companies. But he was more optimistic about the long term outlook.

Wholesale Job Growth at CA Company
A California-based net branch company is expanding its wholesale lending operations.

Worst Metros for Fraud
A quarterly index that measures the likelihood of losses from mortgage fraud rose again.

Countrywide Cutting Jobs
In response to the mortgage market slowdown, the nation's largest originator will reduce some of its workforce and temporarily slow the pace of hiring production personnel.

Boardroom Business
A rapid expansion at "The Donald's" mortgage company trumped other industry activity this week.

Deal Done As Others Progress
There is a new name in mortgage lending.

Broker Owes $239,000 in Back Wages
The U.S. Department of Labor has filed a lawsuit claiming an Ohio-based mortgage broker did not pay his loan officers the required minimum wage under federal law.

Read the full text of these articles and many more at: www.MortgageDaily.com


Sam Garcia
Mortgage Industry News

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