GE to Sell Its Subprime Unit As Losses Continue to Mount

A sale would effectively take the conglomerate out of the mortgage business in the U.S.; the company may invest the proceeds in a higher-growth consumer-finance business.

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Fremont in talks to sell subprime unit (Reuters)

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Fremont in talks to sell subprime unit, loans (Reuters)

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GE plans to sell WMC subprime lending unit: memo (Reuters)

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H&R Block to sell subprime unit (AP)

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More Subprime Woes to Come (BusinessWeek Online)

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