Fairmont Funding loses bank status - Exclusive inside information
Over the past few days rumors have been circulating that Fairmont Funding has declared bankruptcy and has closed for business. There has been a large amount of hysteria and turmoil about this with news spreading about people losing their job. According to a Fairmont Funding employee, Fairmont Funding has not declared bankruptcy and is not closing down at this time. According to the inside source, Fairmont Funding has currently lost their bank status and can no longer close loans as a bank. They are however still able to close loans as a broker.
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Posted By Chaptzem to Chaptzem Blog! at 4/27/2007 02:58:00 PM
