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Chairman Charles W. Knapp and president J. Foster Fluetsch were forced out of the thrift by regulators in August 1984 and Bill Popejoy took over as chairman. However, the condition of the thrift continued to deteriorate. The thrift had large holdings of mortgage-backed securities. which were subject to price volatility as interest rates changed ...
Texas Commerce Bancshares, Inc. Logo JPMorgan Chase Building (formerly Gulf Building), the headquarters of the bank. The Texas Commerce Bank (officially Texas Commerce Bank N.A. [1], with its parent bank holding company known as Texas Commerce Bancshares, Inc.) was a Texas-based bank acquired by Chemical Banking Corporation of New York in May 1987.
Dell EMC (EMC Corporation until 2016) is an American multinational corporation headquartered in Hopkinton, Massachusetts, [2] and Round Rock, Texas, and is a subsidiary of Dell Technologies. Dell EMC sells data storage , information security , virtualization , analytics, cloud computing and other products and services that enable organizations ...
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A mortgage loan or simply mortgage (/ ˈ m ɔːr ɡ ɪ dʒ /), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.
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In April 2008, the holding company, responding to losses and difficulties sustained as a result of the 2007–2008 subprime mortgage crisis, announced that 3,000 people companywide would lose their jobs, and the company stated its intent to close its approximately 176 remaining stand-alone, home-loan offices, including 23 in Washington and a ...
eMC (hip hop group) EMC Publishing, LLC, an American publishing company; Essential Media Communications, an Australian PR and polling company; European Music Council, a cultural organization "E.M.C.", a song by Hawkwind from their 1988 album The Xenon Codex