Link Details

Link Details 

Submit RSS | Latest Links | Top Hits | 
 
News Finder » Listing Details
ID: 28795
Title: Mortgage lenders get a lifeline, troubles linger (Reuters)
Description:

Suburban homes are seen in a file photo. Accredited Home Lenders Holding Co. said on Friday it has reached an agreement to sell substantially all of its loans held for sale that are now funded out of its warehouse and repurchase credit facilities, asset-backed commercial paper facility, and its equity. (File/Reuters)Reuters - Concerns over the housing market eased on Friday as two large providers of high-risk home loans struck deals to remain solvent, but stories of lending gone bad kept cropping up, leaving investors nervous.


Category: Business/
Link Owner:
Date Added: March 16, 2007 09:08:50 PM
Number Hits: 0