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CIT dumps home-loan business (The Star-Ledger) |
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Written by Webmaster
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Thursday, 03 July 2008 |
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More info... Now that CIT Group has sold its subprime home-loan business, the commercial lender might next try to sell its railroad leasing business, which provides financing for rail cars, analysts said yesterday.
CIT Group to sell home lending business for $1.5 billion cash, manufactured housing for $300M (Minneapolis-St. Paul Star Tribune) NEW YORK - Commercial finance firm CIT Group says it will sell its home lending business to Lone Star Funds for $1.5 billion in cash plus $4.4 billion of assumed debt.
Home Business Home Based Business Connection Offers Networking Tips (Leesburg Today) Some 40 Loudoun County Chamber of Commerce members attended the Home Based Business Connection event Monday at the Comfort Suites in Leesburg.
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Last Updated ( Thursday, 03 July 2008 )
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