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Quality Home Loans - Wholesale Subprime2007-08-22 Comment on this article | Subscribe by email! stories: forbes.com, brokeroutpost.com We have come to learn that Quality Home Loans has filed for bankruptcy. Per an article on Forbes:
We are unsure at this time how many employees will be affected by this closure. Original ailing/watch posting from 2007-08-21: We received an email indicating that Quality Home Loans is currently but only "temporarily" unable to fund loans:
Per a Broker Outpost forum topic, account executives are avoiding publishing any information to update the situation at Quality Home Loans but notes that "QHL" is "still here":
Stay tuned... permalink to this record | forum thread
Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. 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. |