The housing market is difficult right now

Posted February 6, 2007 in general
Reading time: 0 minutes

How difficult? Why don’t you ask these guys:

Mortgage Lenders Network USA Inc. filed for Chapter 11 Bankruptcy protection Monday in Delaware. In papers filed with the court Tuesday, the company is asking the court to let it reject leases and contracts as well as permission to sell machinery and office equipment[…]

The company had employed 1,780 in November, but that has shrunk to 267 people at the time of the filing.

That’s gotta hurt.

Edit: Evidence



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