FundingAmerica
2007-01-19
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Don't know much about these guys. Not sure if they specialize in subprime, but it looks like the whole operation is shuttering:
Due to current market conditions in the mortgage industry, Funding America has decided to discontinue accepting any new business.
Effective immediately, all loans in our pipeline will be processed out of our Houston location and we will work to close those loans in as smooth a manner as possible. For questions concerning any loans that are currently in process, you should contact our processing team at (866) 782-0100 Ext.1931, 1928, 1924 or 1933 for further information and status.
From our start nearly two years ago, Funding America has provided countless opportunities for numerous team members, brokers, investors, and home owners to have a more successful life.
Thanks to all of you for your support.
Funding America
Guess they won't be "funding America" anymore. Heh heh.
(Hat tip, Sacrealstats).
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Important: This company is on our list of lending operations that have "imploded". However, please note that "imploded" is a somewhat subjective and does not necessarily mean operations are ceased permanently: it can mean bankruptcy filing, temporary but open-ended halting of major operations, or "firesale" acquisition. All information here is provisional, and may contain inaccuracies (especially newer information). If you are planning on doing business with this company or any other one listed on this site, you should inquire with them directly on whether they can still meet your needs. Many are still operating in some capacity.