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Loan City Bites the Dust


Today’s announcement, posted on their website, entirely unexpected…

Loan City

LoanCity is closed for business. Today March 20, 2007 is the last day we will be funding loans. To our customers, our staff and business partners - we thank you.

 

There are many people finding out as they near the close of escrow that they don’t have loans after all.  What could be more unsettling than that?  

Does your lender have the knowledge and experience to steer you away from trouble and weak lenders? 

Got a question or concern?  Email me.

 

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« Another Lender Pulls Back on the Reins
HSBC Announces Pull Back on ALT A 100% Financing »

This entry was posted on Tuesday, March 20th, 2007 at 1:04 pm and is filed under Mortgage Programs, Sac Real Estate, Subprime Meltdown. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Loan City Bites the Dust”

  1. LendingClarity.com » Blog Archive » SouthStar Funding Implodes, Leaves Borrowers Stranded Says:
    April 2nd, 2007 at 11:22 am

    […] Loan City Bites the Dust […]

  2. Ethamn Says:
    August 14th, 2007 at 10:44 am

    Ethamn…

    Great website. I will definitely be coming back….

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