Subprime lending shakeup

These are not good times for subprime lenders. The rattling continues as the nations third largest subprime loan provider is postponing filing its earnings:

Bloomberg.com: Worldwide: “Feb. 28 (Bloomberg) — Shares of Fremont General Corp. hit a three-year low as the third-largest provider of subprime U.S. mortgages through brokers postponed filing its earnings for the fourth quarter and 2006. The stock fell as much as 20 percent. “

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