Thursday, August 9, 2007

Luminent a victim of home mortgage meltdown's collateral damage (San Francisco Chronicle)

Nothing illustrates the swift collapse of the home-loan market better than Luminent Mortgage Capital of San Francisco, which is teetering on collapse the week after it assured investors it was fine. Luminent is a real estate investment trust that buys, sells...

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

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