Fieldstone Mortgage files Ch. 11 bankruptcy
November 27th, 2007
Citing rising mortgage delinquencies and tightening credit markets, Fieldstone Mortgage Co. has filed for Chapter 11 bankruptcy protection.
The Columbia company’s board of directors agreed to the move in a special meeting held Nov. 23, according to documents filed in U.S. Bankruptcy Court for the District of Maryland. Fieldstone said it has liabilities of more than […]
Filed under: Loans, News, debt, mortgage by Finance Boss
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