Accredited Swings to Loss

Story date: 2007-09-18 04:35:00
Added on: 2007-09-18 07:44:57

Forbes - Subprime mortgage lender Accredited Home Lenders Holding Co. said Tuesday it swung to a loss in the quarter ending March 31 almost entirely due losses on the sale of mortgages in the secondary market. Accredited reported a loss of $260.2 million, or ...


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