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The McLean, Virginia-based lender said on Wednesday it would continue to service its existing home. loans last month, after reporting a lower-than-expected profit for the third quarter. Capital One.
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Banking and financial services company Capital One announced Tuesday that it will lay off about 950 people in Plano, as it exits the mortgage and home equity business and closes a call center. The.
federal home loan Mortgage Corporation (Freddie Mac) A private corporation founded by Congress, the Federal Home Loan Mortgage corporation’s mission is to promote stability and affordability in the housing market by purchasing mortgages from banks and other loan makers. The corporation is currently under conservatorship, under the direction of the federal housing finance Agency.
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