The Prudential unit, the largest remaining servicing portfolio up for grabs, is a plum in a rapidly consolidating mortgage industry.
2.
In 1996, the company announced a $ 115 million restructuring program that would eliminate 800 jobs, consolidate mortgage banking branches, and install new technology.
3.
Consumer advocacy groups say, however, that it is doubtful that consumers will see a drop in advertisements for consolidated mortgage rates, impotence-fighting medications and digital cable descramblers because those could still be considered legitimate under the new law.
4.
Under this plan, the St . Louis and San Francisco Railroad Company was formed, and the franchises and property of the St . Louis and San Francisco Railway Company were sold at public auction under foreclosure of its consolidated mortgage, on June 27, 1896, to a purchasing committee.
5.
They do, however, record the issue to the Central Railroad & Banking Company of Georgia at 90 of the first consolidated mortgage, 5 per cent, 50-year, gold bonds of the Savannah & Western Railroad Company, amounting to $ 517, 000, in part payment for the property of the Chattanooga, Rome & Columbus Railroad Company.
6.
For illustration, Lough speaks of the " reorganization of the Erie Railroad in 1895 " ( p . 142 ) and one is surprised to hear that there was issued at the time " Erie Railroad first consolidated mortgage 7's 1920 . " The proof reading was not always careful; for illustration, 1889 should read 1899 ( p . 171 ).
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