by Phil Hall | Jan 9, 2025 | Current News & Events, Market Snapshot, Mortgage Information, Real Estate News, WRE News Exclusive
Ally Financial (NYSE: ALLY) is exiting from the mortgage origination business while cutting hundreds of jobs companywide. The digital-only bank’s layoffs will affect less than 5% of its workforce, according to a statement from bank spokesperson Peter Gilchrist to The...
by Phil Hall | Oct 11, 2023 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive
Ally Financial Inc. (NYSE: ALLY) announced that CEO Jeffrey J. Brown will be stepping down early next year. Brown, who will also be leaving the Charlotte-based lender’s board of directors, has been chief executive since 2015. He will remain at Ally until Jan. 31,...
U.S. Cuts Canadian Lumber Duties, but Builders Still Face 34.75% Tariff Bur…
