Subprime Wholesaler HMIC Shuts Down
Irvine, CA-based Harbourton Mortgage Investment Corporation announced last week they have shut down operations, effective Dec. 20th. The company was a small wholesaler of subprime and Alt-A loans. A notice on the company's website provided no reason for the shutdown, other than expressing 'deep regret' for the company's closure. A call toÂ the company-listed customer support number was not returned by press time.