Interest Rate Roundup

Friday, March 02, 2007

Delayed filing disease in subprime

I mentioned the other day that the big subprime lender Fremont General was delaying the filing of its more recent earnings. Now, according to Bloomberg, Impac Mortgage Holdings, Accredited Home Lenders Holding and New Century Financial are all doing the same thing. They all give different reasons for the delays. Must be something in the water, eh?


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