Industry News

Mortgage Lenders Networks sends pink slips to 830 workers

Subprime lender still looking for money to fund loans
Published on Jan 23, 2007

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by CareyBot

About 830 employees previously described as “furloughed” by troubled Mortgage Lenders Network USA Inc. are reportedly being laid off as the company continues to search for money to finance loans made by the company and resurrect its wholesale lending division. ...