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WMC Mortgage


WMC Mortgage Corporation, also known as WMC or WMC Direct, was originally named Weyerhaeuser Mortgage Company and was a wholesale originator of ...

Fraud and folly: The untold story of General Electric's subprime ...


Jan 6, 2012 ... High-paid employees of fraud-plagued, GE-owned WMC Mortgage ... half a billion dollars to buy California-based WMC Mortgage Corp.

No. 10 of The Subprime 25: WMC Mortgage Corp./General Electric Co.


May 6, 2009 ... 10 of The Subprime 25: WMC Mortgage Corp. ... and name changes, going by Par West Financial and later Weyerhaeuser Mortgage Company.

Articles about Wmc Mortgage Corp - latimes


WMC Mortgage Corp., one of the nation's largest subprime lenders, recently reported total loan originations of nearly $1 billion in the second quarter of 1998.

GE's Former Subprime Unit Probed For Possible Fraud


Jan 20, 2012 ... The FBI and the Department of Justice are probing possible fraud at WMC Mortgage Corp., the former subprime mortgage division of General ...

Why Is GE Capital Leaving The Mortgage Business? | Newsroom ...


May 1, 2015 ... In 2004 GE bought the California-based WMC Mortgage Corp., a leading subprime lender. WMC was then sold by GE in 2007 with a loss of ...



Sep 26, 2013 ... WMC MORTGAGE L.L.C., as successorby- merger to WMC Mortgage Corp., and. GENERAL ELECTRIC CAPITAL CORPORATION, Defendants ...

Feds Investigating Shenanigans At GE's Now Defunct WMC Direct ...


based WMC Mortgage Corp. during the home-loan boom, according to four people with knowledge of the investigation. They declined to be identified because ...

WMC Mortgage | LinkedIn


Learn about working at WMC Mortgage. Join LinkedIn today for free. See who you know at WMC Mortgage, leverage your professional network, and get hired.

GE units get DoJ subpoenas over subprime mortgages | Reuters


Feb 26, 2016 ... Feb 26 General Electric Co said the U.S. Department of Justice in January issued subpoenas to WMC Mortgage Corp and GE Capital seeking ...

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WMC Mortgage - news and investigations | Center for Public Integrity


rs who received subprime loans from the company's now-closed mortgage arm, WMC Mortgage Corp.WMC, was the subject of a Center for Public Integrity inves  ...

WMC was formerly known as WMC Mortgage Corporation, which is ...


The plaintiffs, all of whom are minorities, contend that GEMB and WMC violated ... WMC Mortgage LLC is a successor in interest to WMC Mortgage Corporation,.

Judge Won't Limit Trustee Claims Against GE Mortgage Unit - Law360


Apr 2, 2014 ... U.S. District Judge Charles S. Haight rejected WMC Mortgage Corp.'s argument that units of Deutsche Bank AG and Law Debenture Trust Co.