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Bank of America quits wholesale mortgage business (Reuters)
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10-26-2007, 02:09 AM
Ron Burgundy
Corner Window Office
Join Date: Jan 2006
Posts: 1,253
Bank of America quits wholesale mortgage business (Reuters)
Bank of America Corp on Thursday said it will stop offering home mortgages through brokers by the end of the year, resulting in a loss of 700 jobs, so that it may focus on lending directly to consumers.
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