Kellner Mortgage Investments - Subprime Lender
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A number of readers have submitted now that Kellner Mortgage Investments is no longer funding loans: "[Kellner] will not be accepting new loan submissions until further notice." In another submission, a Kellner Mortgage Investments ("KMI") AE noted, "Unfortunately Kellner Mortgage Investments is no longer accepting any new business. I am sure that it will be be no surprise to you with what is going on in the sub prime industry." Details still emerging.
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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.