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Volume 12 - Number 23 | November 7, 2008
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New Online Lender Promises No-Frills Approach

With many household names in the mortgage industry being forced out of business, the final quarter of 2008 doesn’t seem like the most auspicious time to launch a new mortgage lending operation. But former executives from Ditech.com are doing just that, based on a no-frills approach that promises lenders the lowest rate available. Based in Scottsdale, AZ, but operating strictly on the Internet...

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