This is going from bad to worse.
Mortgage lender executive sought for arrest - Mar. 26, 2007: “Connecticut said Monday it is seeking the arrest of former Mortgage Lenders Network USA Inc. President Mitchell Heffernan for failing to pay employees as the subprime lender sank into bankruptcy. “
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Lender is bankrupt, now what?
When the dust settles
The Death of Subprime Lending
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