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Westinghouse Unit: $5 Million Worth of Bad Loans – PITTSBURGH, Feb. 27 – The Westinghouse Credit Corporation of Cleveland, a subsidiary of the Westinghouse Electric Corporation, has made bad loans estimated at more than $5 million to clients who used.
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Credit unions’ house loan practices concerning’, Central Bank warns – The regulator said it had uncovered “weaknesses in underwriting practices, risk oversight and compliance systems” by credit unions issuing loans for the purchase, construction or. The review noted.
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Fortunately, a mortgage product called a "construction-to-perm" loan is. of 3.5 percent and FHA's relaxed credit qualification usually apply to.
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