The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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From: Travis_Bickle	2/10/2007 9:49:11 AM
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Barron's mentions NEW this weekend, haven't read it but it appears "hazardous waste" is used to describe its portfolio. headlines from nationalmortgagenews.com Merrill Lynch & Co. -- which has been stung by two high-profile subprime bankruptcies in six weeks -- is conducting margin calls on certain B&C originators that receive financing through the firm's warehouse group. Click here for more... Another Firm Shutters B&C Wholesale Subprime funder Lenders Direct Capital Corp., Lake Forest, Calif., has closed its wholesale division, citing a lack of "investor demand" and the "current state" of the subprime industry.

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