Fremont To Dump $4 Billion In Subprime Mortgage Loans

Fremont General Corporation said today that its investment and loan subsidiary has entered into agreements to sell approximately $4 billion of its subprime residential mortgage loans at an unspecified discount, according to Housing Wire. To read more, see Fremont Unloads $4 Billion in Whole Loans.

To get a view of the current climate in the mortgage lending business from the perspective of a loan originator, see the blog, Blown Mortgage.
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