2008-12-26 — ml-implode.com
We have learned that Amtrust AE's were told in a conference call on Monday, December 22, 2008 that loan locks were being suspended "with new locks to resume after 1/1/2009." Given the bank's year-end deadline to conform to regulatory orders, this could be an ominous development as pertains to Amtrust's wholesale operations.
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