(Reuters) - The proposed sale comes two months after Accredited Home said it was exploring strategic options, including a merger. It recently obtained a $230 million term loan from hedge fund Farallon Capital Management LLC.
Accredited is one of many providers of home loans to people with poor credit histories that have struggled with rising losses and mounting defaults.
Read more at Reuters.com Bonds News
Accredited is one of many providers of home loans to people with poor credit histories that have struggled with rising losses and mounting defaults.
Read more at Reuters.com Bonds News
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