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		Mortgage Forums for Mortgage Brokers > Mortgage Business > Mortgage News
Big Business Goes Down

#1 (permalink)

05-04-2007, 07:11 PM

Veronica Corningstone Veronica Corningstone is offline

Corner Window Office

Join Date: Jan 2006

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Big Business Goes Down

Pacific Coast National Bank appointed David L. Adams to lead the Real Estate Industries Group, according to an announcement. Ubs will close its Dillon Read Capital Management hedge fund arm. New Century Financial Corp. could not find a buyer for its loan originations business and will layoff 2,000 workers as a result, a New Century spokeswoman confirmed to Mortgagedaily.com.

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