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the funny thing about WB (they ate up World Savings) was that World only did business in certain areas - they also are insulated against inflated appraisals in the sense they typically ordered the appraisals - not the loan officer.

Yup, they severed wholesale lending today. no use staying open when your portfolio resembles a clogged public toilet (and has about as much curbside appeal)

rjp
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Old 07-21-2008, 06:08 PM
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