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Commercial break: when banks can't give you the funds you need, look to commercial finance companies for help BY THE MID-1990S, PRINCETON LAUNDRY had fallen on hard times. Despite a healthy client roster--it catered to New York City hotels--the rising costs of operating in Manhattan had taken a toll. A ste...(Continue Reading)Virginia bank settles lending bias suit with Howard University law professor Spencer Boyer won a suit against First Virginia Bank-Maryland for not giving him a loan because he was black. The bank agreed to pay him $210,000 in damages, ......(Continue Reading)Diversity watch: two companies' diversity efforts are screened and evaluated by the experts - diversity programs of Fannie Mae and Ford Motor Co. are studied Fannie Mae, formerly named Federal National Mortgage Association, has 22.5% minority top management, out of 3,700 employees,with African Americans in 15.5% ......(Continue Reading)NY Mortgage Co. to merge with First Security Financial - Brief Article Steven B. Schnall, founder and president of New York Mortgage Corp. (NYMC), and Joseph V. Fierro, founder and President of First Security Financial Services (FSFS), have announced a merger between...(Continue Reading)Home mortgage firm plans area expansion - Home Mortgage Acceptance Corp - Company Profile The Manhattan offices of Home Mortgage Acceptance Corp. (HMAC) make a statement about what one of the top five mortgage brokerage companies in New York City is about the minute you step into a mar...(Continue Reading) |