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Home » Store » Taxable » AmReit Heads into Wholesale Lending With a Prime Focus

AmReit Heads into Wholesale Lending With a Prime Focus

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Tough times in the correspondent market have led American Residential Eagle to change its strategy – and apparently its approach to the subprime market. In a statement issued last week, the California-based real estate investment trust announced the launch of a wholesale origination platform that will target mortgage brokers in a number of major markets. AmReit officials believe the current refinance boom has created new opportunities, since many lenders are already running at close to
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