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What Is A Bump Key PDF Print E-mail
Thursday, 20 September 2007
A bump key is a new threat to everyone's security. The locks you have on your front door are probably vulnerable to a bump key. Basically, a bump key is made by taking any regular key and modifying it with some common household tools. After that, it will open most locks that the key can physically slide into. For example, your home may have a Kwikset®, Schlage®, or Baldwin® lock on it. If someone made a Kwikset® and Schlage® bump keys they would probably be able to open your door very easily.
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IMS Adds Gene Baker as Vice President of Loss Mitigation Services PDF Print E-mail
Tuesday, 11 September 2007

Businesswire.com reported that Integrated Mortgage Solutions (IMS), has taken on a 20-year mortgage banking veteran Gene Baker as vice president of Loss Mitigation Services for the company.

See Businesswire.com full story.

 
Wachovia Chief Economist Uses The "R" Word PDF Print E-mail
Monday, 10 September 2007
The probability of recession has increased pretty dramatically,” says John Silvia, chief economist at Wachovia. The first monthly fall in employment in four years has undermined one of the few remaining pillars of the economy – a strong job market – that policymakers thought they could rely on to support consumer spending.
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HUD Contracting Opportunities PDF Print E-mail
Saturday, 08 September 2007
New contracting opportunities were posted to the HUD internet site on September 6, 2007.
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Lehman Cuts 850 Jobs PDF Print E-mail
Thursday, 06 September 2007

Lehman Brothers said this morning that it has eliminated 850 positions in the U.S. and UK amid a restructuring of it mortgage business.  The company also said it is closing its Korean mortgage business.

No details were given on how many of the global cuts were centered in the United States and elsewhere.

The company also said that its residential mortgage origination and servicing businesses in the U.S., Japan and Europe — including Aurora Loan Services, Libertus and ELQ Hypotheken — will now operate under the name Lehman Mortgage Capital.

 
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