Legal
Stay in-the-know on legal news for the mortgage, housing and finance industries.
Latest Posts
SouthStar Funding Goes Under
Apr 02, 2007Atlanta-based SouthStar Funding, LLC said late Friday in a posting on the company’s Web site that it has ceased mortgage lending operations, apparently the latest victim in the credit crunch that has claimed numerous businesses in the first quarter of 2007. The company cited “the recent unprecedented downturn and policy changes in the mortgage industry” for the shutdown, and provided no indication of its plans for future action. Calls to the company seeking comment were not returned by HW’s publishing deadline on Monday.
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New Century Bankrupt; Will Sell Servicing Platform For $139 Million
Apr 02, 2007 -
Commentary: More Subprime Layoffs
Apr 01, 2007 -
Acquisition Firm Buys Calif. A, Alt-A Broker; Looking for More
Mar 28, 2007 -
Fair Issac Unloads Mortgage Banking Division; Sale Includes LenStar, FORTRACS
Mar 26, 2007 -
HSBC To to Exit Correspondent Lending
Mar 23, 2007 -
TD Banknorth Will Lay Off 400
Mar 23, 2007 -
NovaStar to Slash 17 Percent of Workforce
Mar 16, 2007 -
AllRegs Partners with Lanahan & Reilly to Offer ‘Ask the Expert’
Mar 12, 2007 -
Option One Eliminates 100 Percent Mortgages in Subprime, Alt-A; Not Alone
Mar 08, 2007 -
TMSF Terminates Agreement to Purchase Central Pacific’s Wholesale Division
Mar 06, 2007 -
CPM, Ivanhoe Saga Shows Depth of Current Industry Problems
Mar 02, 2007
