Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $36,694
45%  
Woo hoo!! And we're now over 45%!! Thank you all very much!! God bless.

Keyword: homelender

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  • Major US homes lender near bankruptcy

    03/06/2008 10:40:53 PM PST · by TigerLikesRooster · 70 replies · 368+ views
    Times of London ^ | 03/07/08 | Tom Bawden
    March 7, 2008 Major US homes lender near bankruptcy Tom Bawden in New York Thornburg, the American mortgage lender, was teetering on the brink of bankruptcy last night as a key creditor demanded that it liquidate assets after failing to put up $28 million (£13.9 million) in extra collateral. Thornburg’s escalating credit crisis coincided with new data showing that foreclosures on American properties hit a record in the fourth quarter of 2007. The Dow Jones industrial average closed at 12,040.4, down 214.60, and the S&P 500 index fell by 29.35 points to finish at 1,304.35 as investors were forced to...
  • Embattled home lender gives heavily to politicians -Ameriquest

    08/12/2005 7:38:08 PM PDT · by NormsRevenge · 10 replies · 911+ views
    SFgate.com ^ | 8/12/05 | John Wildermuth
    A giant Orange County mortgage company accused of duping low-income homeowners has pumped more than $7 million into California politics since 2002, including contributions to Republican Gov. Arnold Schwarzenegger, Democratic Attorney General Bill Lockyer and dozens of other state legislators, members of Congress and political committees. Ameriquest's top executive, Roland Arnall, also has been one of President Bush's top fundraisers, generating $12 million for the president's political efforts during the past four years. On July 28, Bush nominated Arnall, a billionaire who was ranked No. 106 in the 2004 Forbes magazine list of the wealthiest Americans, as ambassador to the...