Beazer Mortgage Corp. - Builder retail mortgages
Comment on this article | Subscribe by email!
stories: reuters.com, go.com, cnn.com
Beazer has called it quits on mortgages. We're surprised it took this long, since the company has been under investigation for predatory lending by NC officials for quite a while, and is under investigation by the SEC too:
Not too surprisingly, the company is planning to exit from a number of markets, including Charlotte (a real shocker), Cincinnati/Dayton, and Lexington, KY.
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.