Ellen Alemany

CIT Group's profit rises as Alemany continues streamlining

Net income at the Livingston, N.J., company climbed 67% due to a variety of one-time items tied to its ongoing restructuring.

Earnings Andy Peters October 24, 2017

Earnings Andy Peters October 24, 2017
CIT agrees to sell $900 million reverse mortgage portfolio

The sale of the struggling Financial Freedom unit to an undisclosed buyer would continue CIT's strategy of shedding noncore business lines.

Reverse mortgages Kristin Broughton October 6, 2017

Reverse mortgages Kristin Broughton October 6, 2017