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Real Estate & Property Law

: Housing Wire

Filings Heard ?Round the Industry

By DIANA GOLOBAY

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With Accredited Home Lenders and Thornburg Mortgage both having filed for bankruptcy Friday, the scope of the industry’s problems has become more apparent than ever. Accredited once ranked as one of the largest subprime lenders and Thornburg specialized in high-balance, ultra-prime jumbo loans. The filings are further indication that the recession inhabits every corner of the [...]

Full post as published by Housing Wire on May 05, 2009 (boomark / email).

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