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Home : Home Mortgage Loan : Adjustable Rate Mortgage : MSN Newsfeeds : Downey Savings shutting down wholesale loan department - Los Angeles Business
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Downey Savings shutting down wholesale loan department - Los Angeles Business
Downey Savings and Loan, the last major holder of option adjustable-rate mortgages, will cut about 200 jobs as it shuts down its wholesale lending department and make reductions in the retail loan department, the company said Thursday. "The Downey ...