Industry News

Accredited Home Lenders to exit retail mortgage lending

More than 1,000 face layoffs
Published on Aug 22, 2007

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by CareyBot

Accredited Home Lenders is closing down its retail lending business and laying off about 1,150 workers companywide in an attempt to keep the company’s doors open. The San Diego-based subprime lender said it will close 60 retail branch locations and ...