Industry News

Subprime lender files for bankruptcy protection

Washington-based MILA Inc. closed doors in April
Published on Jul 3, 2007

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by CareyBot

A Mountlake Terrace, Wash. wholesale lender that specialized in subprime loans has filed for Chapter 11 bankruptcy protection from more than 200 creditors who hold $98.7 million in secured debt. Mortgage Investment Lending Associates Inc., which closed its doors in ...

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