Thread: Subprime lender Accredited in deal to sell loans (Reuters)
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Old 03-16-2007, 01:47 AM
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Subprime lender Accredited in deal to sell loans (Reuters)
U.S. subprime mortgage lender Accredited Home Lenders Holding Co. said it reached an agreement to sell $2.7 billion of loans at a substantial discount to alleviate pressures from margin calls.

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