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UPDATE 2-JPMorgan sees consumer loan defaults rising - Reuters Reuters UPDATE 2-JPMorgan sees consumer loan defaults rising Reuters - 23 hours ago JPMorgan expects charge-offs of bad loans in its home lending portfolio to increase in the current quarter and into 2009, the filing said. ... JPMorgan warns consumer debt charge-offs may rise Reuters all 32 news articles www.reuters.com
Battered GMAC posts 5th loss in row - Detroit Free Press GMAC LLC, the financing arm of General Motors Corp. gripped by a cash squeeze, posted its fifth straight loss and said its mortgage unit may not survive. The third-quarter net loss widened to a record $2.52 billion from $1.6 billion a year earlier ... www.freep.com
Remy International, Inc. Announces Third Quarter 2008 Results - The Auto Chanel PENDLETON, Ind., November 17, 2008: Remy International, Inc., a leading worldwide manufacturer, remanufacturer, and distributor of heavy duty systems, starters and alternators, locomotive products and hybrid technology, announced today its operating ... www.theautochannel.com
CENTRAL NY BUSINESS NEWS (The Post-Standard) • Don't use credit card to pay down mortgage Q. I have a mortgage of $213,000 on a home valued at $276,000. My credit score is 713. I'm wondering if I would be better off to max out all my credit cards - the combined limit total is approximately $70,000 - and pay down my mortgage? Can you advise? www.syracuse.com