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Finance Ireland mortgage move welcomed – Finance Ireland’s launch of residential mortgage products will give consumers greater choice and shake up a market that is “far too cosy”, according to Fianna Fáil finance spokesman Michael McGrath..
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GE’s WMC Mortgage unit, felled by financial crisis, files Chapter 11 bankruptcy – WMC was bought by General Electric’s GE Capital unit in 2004, and originated more than $65 billion of mortgage loans from 2005 to 2007. It halted originations in 2007 because of the collapse of the.
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