2009-07-21 — thebusinessledger.com
"Earlier this year, JPMorgan Chase & Co. ended its wholesale lending while Citigroup reduced the number of brokers it deals with from 10,000 to 1,000. Additionally, according to the housing finance tracker, The Mortgage Lender Implode-O-Meter, since late 2006 nearly 350 major U.S. lending institutions have imploded."
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