American Mortgage News

Leading mortgage firm taps solution to reduce costs during loan delivery

SAN DIEGO--(BUSINESS WIRE)--Accredited Home Lenders Holding Co.

New automated loan process provides true end-to-end solution

Here is a listing of Mortgage operations that have closed operations recently:

Nonprime Lender Offers Three New Products

Citi and ACH's Largest Investor to Provide Working Capital

ORANGE, Calif., Feb. 28 /PRNewswire/ -- ACC Capital Holdings (ACH)

BREA, Calif.--(BUSINESS WIRE)--ResMAE Mortgage Corporation (“ResMAE”) today announced it has signed an asset purchase agreement with Credit Suisse, pursuant to which Credit Suisse has agreed to acquire certain assets of ResMAE. Concurrent with the signing, ResMAE has voluntarily filed a petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code.

KANSAS CITY, Mo.--(BUSINESS WIRE)--NovaStar Financial, Inc. (NYSE: NFI), a residential mortgage lender and portfolio investor, announced today that, through subsidiaries, it closed a $375 million CDO.