Mortgage crisis deepens at Impac, Accredited (Reuters via Yahoo! News)

Story date: 2007-09-18 09:38:32
Added on: 2007-09-18 09:46:00

The mortgage lending crisis deepened on Tuesday, as Impac Mortgage Holdings Inc said it will quit most lending and cancel its dividend, while Accredited Home Lenders Holding Co posted a big quarterly loss and said its survival remained in doubt.


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