Fremont Unloads $4 Billion in Whole Loans

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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.

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.

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.

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 · In the last year alone, Suzanne Amaducci-Adams has closed more than $4.3 billion in commercial loans, with $2 billion representing complex construction transactions.

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Fremont Unloads $4 Billion in Whole Loans Lending Club loans have more than doubled every year since 2007 for a total of more than $4 billion. The company offers personal loans from $1,000 to $35,000, and small business loans up to.

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