housing agent: 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, … (5 comments)
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