Tuesday, August 21, 2007

Accredited Home selling $1 billion mortgage loans

NEW YORK (Reuters) - Struggling subprime mortgage lender Accredited Home Lenders Holding Co on Tuesday said it agreed to sell $1 billion of home loans to an unnamed investor, a move it said would limit its exposure to margin calls.

http://feeds.reuters.com/~r/reuters/businessNews/~3/146537457/idUSN2135313820070821

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