Comments on: Lehman Announces Layoffs, Name Change

By: Loan Modification Dude

Loan Modification Dude — Wed, 21 Jan 2009 02:50:17 +0000

No word on the specific number of people affected by this move to ?size the business appropriately for the market? but we?ll do our best to stay on top of it from the sticks of Maine. – yes, I agree with you.

By: Sydney Financial Group » Blog Archive » Lehman Lays Off Workers, Changes Name So No One Notices

Fri, 07 Sep 2007 17:05:21 +0000

[...] Blownmortgage reports: “Today Lehman Brothers announced the completion of the restructuring plan for its residential mortgage origination business. The plan sizes the business appropriately for the current market environment. The Firm also announced that it will rename its existing mortgage origination and servicing businesses in the U.S., Japan and Europe, including Aurora Loan Services, Lehman Mortgage Capital.” [...]

By: Miraculously Employed Wholesale AE

Miraculously Employed Wholesale AE — Fri, 07 Sep 2007 16:10:29 +0000

It was just a matter of time. Aurora and their favorite correspondent lender, Aegis, were ridiculous for holding on to 100% Stated way after the markets rejected those products. “Only Fools go where Angels fear to tread.”

By: P. Jackson

P. Jackson — Fri, 07 Sep 2007 04:04:44 +0000

No offense to ML Implode's premium service, which is great, but Lehman alraedy issued a full press release on its mortgage consolidation efforts this morning -- and noted that the move will cost 850 people their jobs. So there is a final word on the number of specific people affected. FWIW, I posted on this at Housing Wire this morning. See here.