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Subprime Specialist Rose Mortgage Closes Doors 

Jan 23, 2007By

Chicago, Ill.-based Rose Mortgage Company shut its doors this week, sources have informed Housing Wire. The company was a subprime wholsesaler operating in 10 states, including Illinois, Wisconsin, Michigan, Kentucky, Ohio, Indiana, Colorado, California, Florida and Arizona. The company was founded in 2000 as a family business, led by Bernie Glavin Jr., and at of the start of 2005 had funded more than 25,000 subprime loans.

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