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Posts tagged "lenders"

Indymac pulls out of the Construction to Perm Business

Posted by jberman - February 1, 2008 - Housing Market

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The reverb from the so-called “Subprime Meltdown” continues today. I received this email about an hour ago. Today, Indymac Bank is announcing the suspension of residential Construction- to-Permanent (CTP) loan production effective February 1, 2008. As you may know, Indymac has been committed to the CTP product for 13 years, and it has been and [...]

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