Monday, April 18, 2016

GE Capital mere days from 'exiting' U.S. banking system

GE Capital, once a big player in housing finance, is now just a handful of days away from exiting the U.S. banking system after the company completed the sale of its online deposit platform to Goldman Sachs. According to GE Capital, that sale positions the company to terminate its FDIC insurance and “extinguish” its final U.S. bank charter. http://www.housingwire.com/articles/36828-ge-capital-mere-days-from-exiting-us-banking-system ❤️ #share #mortgage



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