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florida real estate: Credit Crisis Cripples Markets - 08/15/07 11:43 AM
Safeguard Your Clients Today
Just last week, American Home Mortgage, Homebanc and its wholesale counterpart, American Brokers Conduit, became the latest casualties of the credit crisis. Last year, this company closed over $58 billion in home loans. Despite being, by all accounts, a well-run business, market conditions forced them to file for bankruptcy, leaving nearly $800 million in loans unable to close. Tens of thousands of borrowers have now been left without financing as a result of companies like this going under. Clearly, with over 100 national lenders having now closed shop in the last eight months, this is no longer simply a … (5 comments)

florida real estate: 630 NW 170th Terrace, Pembroke Pines - 08/08/07 11:01 PM
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Dave Magua

Weston, FL

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EWM Realtors

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