Friday, August 24, 2007

The Subprime Shakeout Continues...

Big Players Appear on a Bad List

The Wall Street Journal Online recently published a very comprehensive list of Sub-prime Lenders that have been shut down and/or had to stop many of their lending programs.

The big names in Minnesota are Countywide, SouthStar, Wells Fargo, First Horizon, Summit, Option One, Millennium, H&R Block mortgage, Ameriquest, Maribella, New Century, Fremont, and First Franklin.

Click HERE to see the complete list.

If you currently have a sub-prime deal going with any of these...BE CAREFUL!

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