Mobile Mortgage News

Accredited Home Lenders says it may not stay solvent

posted 57 weeks ago on Mortgage Insider

Accredited Home Lenders, a San Diego-based subprime lender, today said in a filing it may not remain solvent. Its stock is down 39 percent, trading just shy of $5 as I write this. An investor in a company never wants to see the two words "going concern" in a company filing. That's a blatant reference to [...]

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