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Financial audit

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Grant Thornton Resigns as Auditor at Fremont, Accredited HW+

Apr 02, 2007By

Grant Thornton LLP resigned Monday as the auditor for Fremont General Corp., an FDIC-insured lender ordered by federal regulators to stop subprime lending, and San Diego-based Accredited Home Lenders Holding Co. The auditor cited “significant events” at Fremont as the reason behind a recent decision by Thornton to expand the scope of its financial audit of the lender’s internal documents, and said that Fremont had failed to provide the information needed to complete its review.

3d rendering of a row of luxury townhouses along a street

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