Finance
Latest Posts
HSBC To to Exit Correspondent Lending
Mar 23, 2007In a notice sent to to brokers yesterday and obtained by Housing Wire, HSBC said yesterday that it “has made the decision to discontinue correspondent channel acquisitions” through its HSBC Mortgage Services division. The division was primarily engaged in correspondent subprime lending, and the company said in its notice that it will cease correspondent activities on May 31, 2007.
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Rates Creep Up on Inflation Concerns
Mar 22, 2007 -
As Troubles for Subprime Borrowers Grow, So Too Does Litigation Risk
Mar 21, 2007 -
Mortgage Apps Drop; ‘Fear’ Cited
Mar 21, 2007 -
Fremont Unloads $4 Billion in Whole Loans
Mar 21, 2007 -
Baseball and subprime no longer go together
Mar 20, 2007 -
Opteum Faces ‘Going Concern’ Allegations
Mar 20, 2007 -
Crucial Industry Conference Looks at Subprime Securitization
Mar 20, 2007 -
Accredited Gets $200 Million in Additional Funding; Gives Up Equity in Return
Mar 20, 2007
