Innovative Mortgage Capital - Subprime Wholesale Lender

2007-04-19

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A source directs us to the web site of one Innovative Mortgage Capital, which has a brief closure notice posted. The source gives the size of the company as about 30 employees, with approx. 2,000 loans processed per year (the latter being the reason I'm considering them worthy of posting).

More info if and when we get it...

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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.