Industry News

Harbourton Mortgage Investment Corp. goes under

Investors demanded that lender repurchase defaulted loans
Published on Dec 28, 2006

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by CareyBot

The parent company of Harbourton Mortgage Investment Corp. says the Virginia-based lender has closed its doors. HMIC was forced to stop funding new loans and “initiate a process to wind down its operations” on Dec. 20, after investors who had ...

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