Industry News

Bear Stearns trims 310 jobs in mortgage consolidation

Subprime lender Encore Credit merging with Bear Res
Published on Oct 4, 2007

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Bear, Stearns & Co. Inc. will cut 310 jobs in the process of combining its mortgage origination lending businesses, Bear Stearns Residential Mortgage and Encore Credit, into a single unit, the company said Wednesday. Bear Stearns completed its acquisition of ...

Comments