Bankruptcy Law News
8/6/2009 5:41:09 PM EST
Florida mortgage lender stops funding loans
OCALA, Fla. – (AP) One of the nation's largest wholesale mortgage lenders stopped funding mortgages Wednesday, a day after federal authorities barred it from making loans insured by the Federal Housing Administration.
Taylor, Bean & Whitaker ceased all mortgage-origination operations immediately, officials with the firm said in an e-mail to employees and others. Full version (available to lexis.com subscribers) Create an account or login to post comments.