Len Allen

Latest Posts

Shake-Up at Accredited in Wake of Bear Res Acquisition

Jun 06, 2008By

Lone Star Funds is shaking things up in its mortgage business after its acquisition of Bear Stearns Residential Mortgage Corporation late last week; Friday, the private equity group announced that Accredited Home Lenders, Inc. CEO Jim Moran had stepped down and would be replaced by former Bear Res CEO Jeff Walton. Moran had served as interim CEO since February of this year.