National City Correspondent Lending Done

I'm a bit behind on this one; but many thanks to the readers that sent in the notice.  As a former correspondent lender all I can say is that I'm glad they are honoring remaining commitments before closing the doors.  That's more than most of the mortgage companies and divisions that have closed up shop are doing.  My company was burned with a loan that New Century had committed to and then didn't come through after ceasing funding; for smaller correspondents these unsellable loans can quickly close the doors.  Here's the notice, from the National City web site: Dear Valued