Wednesday, August 29, 2007

First Magnus Files for Bankruptcy

Mortgage lender First Magnus Financial Corp. filed for bankruptcy on Tuesday. First Magnus filed for Chapter 11 bankruptcy protection. Last week, I reported that Amtrust Mortgage and First Magnus had closed its mortgage lending business.

Last year, First Magnus funded more than $30 billion in loans.

1 comments:

Anonymous said...

Great site.

Mike
http://www.your-bankruptcy-information.com/