Friday, August 10, 2007

Accredited Home Lenders Gets Regulatory Approval for Sale to Loan Star (Seeking Alpha via Yahoo! Finance)

Accredited Home Lenders announced Friday it has received regulatory approval from states representing over 95% of its loan production, thereby satisfying one of the primary conditions to closing its acquisition by an affiliate of the Lone Star Fund private equity group.

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[Source: Yahoo! News Search Results for home equity loan]

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