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WMC Mortgage Corporation, also known as WMC or WMC Direct, was a Woodland Hills, California based wholesale originator of subprime residential ...


Feb 23, 2018 ... N) faces potential legal action by the U.S. Department of Justice over allegations that its GE Capital unit and now-defunct WMC Mortgage Corp ...


May 7, 2018 ... General Electric may be facing a fine of at least $1.5 billion for the lending activities of its shuttered subprime lending unit, WMC Mortgage.


HousingWire Content on 'WMC Mortgage Corporation'


r bank loans. Also on the list is Amy Brandt, who at age 31 became CEO of WMC Mortgage Corp., then owned by General Electric. Brandt's properties include a ...


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


May 3, 2018 ... WMC Mortgage, a leading subprime originator during the boom era, could file for bankruptcy by parent company General Electric if it loses a ...


May 3, 2018 ... GE Capital Corp., the company's finance unit, bought the subprime ... Putting WMC Mortgage into bankruptcy protection would make GE the ...


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