Lehman Brothers Shuts Down BNC Mortgage Cutting 1200 Jobs
The casualties continue to mount as Lehman Brothers announced today that it will be shutting down its subprime mortgage lending unit, BNC mortgage LLC. BNC was one of the top 20 subprime producers in 2006, originating over $14 Billion in loans. Read More Now OH […]
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September 1st, 2007 at 2:14 am
[…] Lehman Brothers Shuts Down BNC Mortgage Cutting 1200 Jobs The casualties continue to mount as Lehman Brothers announced today that it will be shutting down its subprime mortgage lending unit, BNC mortgage LLC. BNC was one of the top 20 subprime producers in 2006, originating over $14 Billion in loans. Read More Now OH […] […]