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Home » Lehman Brothers to Combine Subprime, Alt A Lending Units
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Lehman Brothers to Combine Subprime, Alt A Lending Units

June 15, 2007
Lehman Brothers Holdings is merging its subprime mortgage lending platform into its Alt A lending platform and eliminating about 400 jobs from its subprime unit, the Wall Street investment bank announced this week. Lehman Brothers subsidiary BNC Mortgage, an...
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