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In the last nine months, about 120 mortgage lenders have shut down, or declared bankruptcy, according to Lehman.

Lehman Closes Subprime Unit and Lays Off 1,200

In the last nine months, about 120 mortgage lenders have shut down, or declared bankruptcy, according to Lehman. 

Wow.

This entry was posted on Thursday, August 23rd, 2007 at 2:51 pm and is filed under real estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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