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Our New Century rep just informed us that they have halted all production and that they are no longer purchasing any loans.
This is lovely, seeing as my company already has notes out to them that now need to find new homes.
Last 3 posts by Morgan
- Subprime Bananas - June 28th, 2009
- Roubini: No confidence in government exit strategy - June 24th, 2009
- Goldman bonuses largest in firm's 140-year history - June 21st, 2009
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