Mortgage Market Update
September 13th, 2007 by jason
Forclosure Properties
According to the TBWS.com daily update:
Washington Mutual is to stop providing warehouse lending lines (ouch)
Option One (Sub Prime) is to cut 575 jobs
First Horizon to cut 1,500 jobs in their secondary division
Countrywide funded ~$34Billion in loans in August of 2007, off 17% from August of 2006
tags: economy, loans, market, mortgage, residential
Content Tags:Economy Loans Market mortgage Residential
