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Home » Option One Posts More Losses, ResMae Emerges from Bankruptcy, Chase Expands in Subprime
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Option One Posts More Losses, ResMae Emerges from Bankruptcy, Chase Expands in Subprime

June 29, 2007
Cerberus Capital Management looks to be acquiring a lender hemorrhaging money, as Option One Mortgage recently posted large losses. And Option One has had to request waivers from its warehouse lenders because it has been unable to meet minimum net income...
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