INR Media Network


 

Banco Popular to Exit Wholesale Sub-prime Lending in US

10:48 am   -   January 11th, 2007

According to an article that ran in Tuesday’s Los Angeles Times, the Puerto Rican based bank is closing their wholesale and retail mortgage lending operations in the United States. Citing increases in delinquent mortgage loan payments as the primary source, the move will result in the loss of over 600 jobs (more…)




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