Fremont Unloads $4 Billion in Whole Loans

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Fremont General said it plans to sell $4 billion in subprime loans, which will result in a $140 million pretax loss. Fremont Unloads $4 Billion in Loans March 21, 2007 By justin mchood housingwire reports that Fremont has agreed to sell $4 billion in loans as they continue to exit the subprime lending market as ordered by the FDIC.

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Fremont General Plans to Sell $4 Billion in Subprime Loans. The sale will result in a pretax loss of about $140 million, the real-estate lender said. Fremont said its sale of the loans at a discount reflects "current conditions in the subprime mortgage market.". Liquidity.

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New Subprime Loan in Disguise? Freddie Mac Home Possible Mortgage Loan 2018 - Review Fremont General said it plans to sell $4 billion in subprime loans, which will result in a $140 million pretax loss. Fremont Unloads $4 Billion in Loans March 21, 2007 By justin mchood housingwire reports that Fremont has agreed to sell $4 billion in loans as they continue to exit the subprime lending market as ordered by the FDIC.

Fremont General Corporation (NYSE:FMT) said Wednesday that its investment and loan subsidiary has entered into whole loan sale agreements to sell approximately $4 billion of its sub-prime residential real estate loans at an unspecified discount. Department of Energy Issues draft renewable energy and.

Fremont General Corporation (NYSE:FMT) said Wednesday that its investment and loan subsidiary has entered into whole loan sale agreements to sell approximately $4 billion of its sub-prime.