wwwkandolalendingcom: firesale sub prime lenders >? they are on fire
- 08/16/07 10:42 AM
Among the 20 largest subprime lenders in 2006 ranked by Inside Mortgage Finance more than half have tried to sell themselves or left the business. The list includes companies that may have offered subprime, prime or Alternative-A loans. Some of the most recent developments: American Home Mortgage stopped making loans after investment banks cut off credit lines, GE plans to sell WMC Mortgage, CIT Group Inc., the largest independent commercial finance company in the U.S., said it's getting out of home lending, MGIC Investment Corp. and Radian Group Inc. said their stakes in C-BASS, valued at more than $1 billion in (0 comments)