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Wells Fargo chief: Job cuts unclear - Charleston Post & Courier
CHARLOTTE — John Stumpf, Wells Fargo & Co.'s chief executive officer, said Wednesday he does not know how many jobs will be cut as his bank absorbs Wachovia Corp., but he said it was a priority to keep losses at a minimum. Stumpf told The Charlotte ...

Businessman gives mortgage proposal - Orlando Sentinel
Billionaire businessman Robert L. Johnson talked about his proposal to help solve the mortgage crisis Wednesday, as the chairman of Lake Mary -based Urban Trust Bank was in Central Florida for meetings. Best known as the founder of Black ...

Wells Fargo picks Eastern region chiefs - United Press International
SAN FRANCISCO, Jan. 8 (UPI) -- San Francisco bank Wells Fargo & Co. ( NYSE:WFC ) named Wachovia Corp. ( NYSE:WB ) executives to run four of its six Eastern banking regions. Stan Kelly, formerly the head of Wachovia's wealth management division, will ...

Mortgage rates hit record low but home equity lacking - Pueblo Chieftain
WASHINGTON - Mortgage applications remain at their highest level in more than five years as borrowers take advantage of record-low rates and rush to refinance their home loans. Some lenders are advertising rates of 5 percent or lower on 30-year fixed ...

Merrill’s McCann Quits After Bank of America Purchase (Update1) - Bloomberg
Jan. 6 (Bloomberg) -- Merrill Lynch & Co. brokerage head Bob McCann plans to leave the company less than a week after Bank of America Corp. completed its acquisition of the securities firm. McCann, 50, a 26-year veteran of New York-based Merrill, was ...

Wells Fargo chief unsure how many jobs will be cut - MSN MoneyCentral
CHARLOTTE, N.C. (AP) - Wells Fargo & Co. chief executive John Stumpf said Wednesday he does not know how many jobs will be cut as his bank absorbs Wachovia Corp., but he said it was a priority to keep losses at a minimum. Stumpf said in an interview ...

Merrill’s Brokerage Head Departs After Bank of America Purchase - Bloomberg
Jan. 6 (Bloomberg) -- Merrill Lynch & Co. brokerage head Bob McCann announced plans to leave the company less than a week after Bank of America Corp. completed its acquisition of the securities firm. McCann, 50, a 26-year Merrill veteran based in New ...

'Sex and the City' movie excess now seems way out of date - Chicago Tribune
Down with a cold earlier this week, I rented the movie " Sex and the City ," hoping for a few hours of fun with those famous friends Charlotte, Samantha, Miranda and Carrie. Instead, I watched the film, which came out about seven months ago, with ...

Wells Fargo CEO unsure how many jobs will be cut - Daily Advance
CHARLOTTE, N.C. — Wells Fargo&Co. chief executive John Stumpf said Wednesday he does not know how many jobs will be cut as his bank absorbs Wachovia Corp., but he said it was a priority to keep losses at a minimum. Stumpf said in an interview with ...

Titanium Holdings Selects South Carolina as Headquarters Location - dBusinessNews.com
FORT MILL--Titanium Holdings, Inc. recently announced that it has selected a headquarters location in Fort Mill, S.C. that will accommodate its explosive growth and the strategic expansion it is implementing to meet industry demand. Titanium Holdings ...

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Today's Mortgage Terms starting with O

  • Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.
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