Analysts say there are signs that its large credit card division and mortgage business, long powerful growth engines, are also starting to suffer.
A prosecutor for the last eight years, Mr. Barofsky runs an eight-member division investigating mortgage fraud, predatory lending and deceptive foreclosure scams.
The offers are part of GMAC's effort to buy or swap $38.0 billion of debt held by its divisions and mortgage business, ResCap, for cash, new notes or preferred stock.
Then we started a retail store leasing division and a mortgage brokerage division.
Merrill's mortgage division, however, continued to produce more C.D.O.s.
At the time, the bank's core mortgage division and deposit base were under assault.
Chase Home Lending, the bank's mortgage division, continues to bleed money.
He added that mistakes had been made in the mortgage division and the risk-management department.
The bride, 32, is a lending consultant in Uniondale, N.Y., for the mortgage division of Citigroup.
In 2012, she received an offer to work in JPMorgan's mortgage division in an operational capacity.
The bridegroom's mother, who is retired, worked in the mortgage division at a Chase Manhattan branch in Irvine, Calif.
