- Up to 3.4 million borrowers have been turned down at least once for mortgages and loans in the past 18 months, GE Money Home Lending research shows
- One in eight of them had to apply four or more times before they were accepted for a mortgage or loan
- More than 412,000 could not get a mortgage or loan despite repeated attempts
- Broker market crucial to helping borrowers navigate a complicated and changing landscape
business unit
tags
FORBES, North Dakota, August 11, 2008 -- GE Energy Financial Services, a unit of GE (NYSE:GE), announced today it is partnering with ACCIONA, a world leader in wind farm development, and is investing $141 million in the Tatanka Wind Farm on the North Dakota-South Dakota border. The transaction represents the GE unit's first wind equity investment in the Dakotas and the first wind farm in the United States built entirely by ACCIONA (IBEX-35 ANA.MC).
business unit
tags
EDEN PRAIRIE, Minn.--07 August 2008-- GE Capital Solutions Fleet Services' enhanced online vehicle configurator combines timely manufacturer vehicle data with an easy-to-use workflow tool. The result is significant time savings for fleet managers. Up-to-date manufacturer information and pricing makes the vehicle selection process for fleet managers fast, simple and accurate.
business unit
tags
KETTERING, OHIO -- August 6, 2008 -- GE Money and Felt Bicycles, a designer, manufacturer and distributor of premium bicycles and accessories, announced a multi-year agreement to provide consumer financing at Felt dealers nationwide. The GE Money Sport card, managed by GE Money's Sales Finance unit, provides cycling enthusiasts a revolving credit program with attractive rates and special promotions.
business unit
tags
National Competitive Debut with Olympic Gold Medalist Amy Van Dyken at DC Ranch Village Health Club Aug. 16, 2008
SCOTTSDALE, Ariz. (Aug. 5, 2008) --- GE Capital Solutions, Franchise Finance teams with Special Olympics Arizona and Olympic gold medalist Amy Van Dyken to sponsor the first-of-its-kind unified triathlon and sprint triathlon at the DC Ranch Village Health Club on Aug. 16, 2008.
business unit
tags
KETTERING, OHIO -- August 5, 2008 -- GE Money today announced a multi-year agreement with CertainTeed, North America's leading manufacturer of interior and exterior building products, to provide consumer financing through select contractors nationwide. The program was created in response to both CertainTeed-credentialed contractors and homeowners who have requested unsecured loan options to finance home improvement projects.