GE Capital Getting Back into the Mortgage Market

GE Capital, a well known lending institution and major player in the real estate market before the crash, has just done its first mortgage last month since the financial crisis. The company says “We are now sticking our toe back in the water, but it’s our little toe,” which is refreshing news for investors and home buyers everywhere.

And even though the mortgage market isn’t even close to what it used to be, GE Capital is a welcomed player. With investors leveraging their cash in hopes of credit being available in the near future, this a good sign…

You can get the details on this story here: http://www.pionline.com/article/20110725/PRINTSUB/110729949

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