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UPDATE 1-Columbia Bancorp to close mortgage business, cut jobs - ReutersSept 5 (Reuters) - Columbia Bancorp (CBBO.O: Quote , Profile , Research , Stock Buzz ), the holding company for Columbia River Bank, said it plans to close its mortgage banking division, affecting about 39 jobs, as it strives to cut costs amid a ...
Columbia Bancorp to close mortgage business, cut jobs - Washington Post(Reuters) - Columbia Bancorp (CBBO.O), the holding company for Columbia River Bank, said it plans to close its mortgage banking division, affecting about 39 jobs, as it strives to cut costs amid a difficult mortgage market. "Columbia's decision to no ...
UPDATE 1-Columbia Bancorp to close mortgage business, cut jobs - ReutersSept 5 (Reuters) - Columbia Bancorp (CBBO.O: Quote , Profile , Research , Stock Buzz ), the holding company for Columbia River Bank, said it plans to close its mortgage banking division, affecting about 39 jobs, as it strives to cut costs amid a ...
Columbia Bancorp shuts mortgage business - ForbesColumbia Bancorp , the holding company of Columbia River Bank, said Friday it plans to exit the mortgage business and eliminate nearly 75 jobs in response to the uncertain banking environment. The closure of the mortgage business affects about 39 ...
Risky mortgages threaten to keep housing market down - Detroit Free PressIn the mortgage industry, they are called liar loans -- mortgages approved without requiring proof of the borrower's income or assets. The worst of them earn the nickname ninja loans, short for no income, no job and no assets. The nation's housing ...
Columbia Bancorp Announces a Strategic Initiative in Response to ... - MSN MoneyCentralTHE DALLES, Ore. , Sept. 5 /PRNewswire-FirstCall/ -- Columbia Bancorp CBBO , the financial holding company for Columbia River Bank, announced a strategic initiative intended to streamline its overall business operations in response to the current ...
Columbia Bancorp to close mortgage banking business; to incur charge ... - RTT News(RTTNews) - Friday, before the bell, Columbia Bancorp (CBBO: News ), the financial holding company for Columbia River Bank, affected by the current banking environment, announced its intention to close Columbia River Bank's Mortgage Banking Team, and ...
Takeover seen easing loan crisis - Boston GlobeThe Bush administration's planned takeover of mortgage giants Fannie Mae and Freddie Mac should help lower mortgage rates, stem the slide of housing markets, and stabilize the US economy, analysts said. The takeover, expected to be announced as early ...
Columbia Bancorp (CBBO) Announces Closure of Columbia River Bank's ... - StreetInsider.comColumbia Bancorp (Nasdaq: CBBO ) announced a strategic initiative intended to streamline its overall business operations in response to the current banking environment. The focus of the initiative is the closure of Columbia River Bank's Mortgage ...
Columbia Bancorp to close down mortgage business - Portland Business JournalColumbia Bancorp , the holding company for Columbia River Bank , is shutting down its mortgage division over the next two months. The bank’s decision to terminate 39 mortgage banking employees, as well as another 20 employees across Columbia River ...

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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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