Tuesday, August 14, 2007

Delta Financial gets $60M loan (Newsday)

Delta Financial Corp., the troubled subprime lender, said Tuesday it has negotiated a $60 million loan from a hedge fund manager, a move its chief executive said will help the company to "weather the storm" of the crises in the mortgage industry.

Read More...

[Source: Yahoo! News Search Results for housing loan]

No comments: