Bankruptcy
Latest Posts
Delta Financial Execs Plan New Mortgage Venture
May 21, 2008The execs of now-defunct subprime lender Delta Financial Corp. are planning a comeback, according to former Delta CEO Hugh Miller. A group of senior execs from the bankrupt lender are forming Reliance First Capital, LLC, with an eye towards FHA lending as well as some “alternative products,” Miller said in a notice posted to former employees on a company Web site.
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The cautionary tale of a bank called ANB
May 16, 2008 -
Schumer Calls for FTC Investigation into Countrywide’s Default Management Practices
May 15, 2008 -
Litton Picks Up Rest of Fremont’s Servicing Portfolio; Bankruptcy May be Next
May 09, 2008 -
Schumer Blasts “Vulture Mentality” of Servicers, Suggests BofA Reconsider Countrywide Deal
May 07, 2008 -
Senate Panel to Look at Foreclosure Management Practices
Apr 29, 2008 -
ResCap Cut By Moody’s, Borrows $468 Million from GMAC
Apr 24, 2008 -
Freddie Mac: Servicers Need to Diversify Foreclosure, Bankruptcy Referrals
Apr 17, 2008 -
Federal Judge Green-Lights Countrywide Probe
Apr 02, 2008 -
Chase Makes Cuts in Subprime Lending Group
Mar 24, 2008 -
Fremont Sells Servicing Rights Back to Carrington Affiliate
Mar 21, 2008
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