Cooling markets and shrinking margins are testing Accredited Home Lenders’ core philosophy based on profitable lending. The firm has been struggling to reconcile its pricing and profit strategies. The subprime lender is facing “continuing intense price competition, fluctuating secondary market appetites and higher funding costs,” reported CEO James Konrath during a second quarter earnings conference call. The company did report second quarter profits rose $1.84 per share, or $41.2 million...