General Motors Corp., GMAC Mortgage, and ditech.com have announced a program that rewards customers with a $500 certificate toward the purchase of an eligible GM vehicle for select homebuyers who close a mortgage with GMAC Mortgage or ditech.com between Oct. 1 and Dec. 31, 2004.Customers can apply the certificate toward the purchase or lease of an eligible new or unused 2004 or 2005 Chevrolet, Pontiac, Cadillac, Buick, GMC, Oldsmobile, Saturn and Hummer (excluding H1) from an authorized GM dealer, the companies said. (The offer is not valid on any 2005 Saturn model or any Saab model.) GM cited a recent Forrester research report that said people are 20% more likely to buy a car following the purchase of a home.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









