Relevant:
- HomeBanc files for bankruptcy
- Fabian Calvo: the Next Real Estate Collapse - USAWatchdog
- Real estate developers forced to file personal bankruptcy as loan guarantees on failed projects hit home
- GE Warns It Might Put Subprime Lending Unit Into Bankruptcy
- Immigrants hit hard by U.S. slowdown and subprime crisis
2008-01-03 — newsday.com
'The 9-year-old mortgage bank said in the filing on Dec. 21 - two weeks after telling employees it would stop making loans - it had succumbed to the downturn in the real estate market and the turmoil of the subprime loan crisis.'
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