First Guaranty Mortgage files for Chapter 11 after layoffs
First Guaranty Mortgage files for Chapter 11 after layoffs First Guaranty Mortgage originated $10.6 bln in mortgage loans in 2021 Laid off 80% of its workforce The company blamed a collapse in the secondary market for mortgage refinancing and collateralization Reuters) – Mortgage lender First Guaranty Mortgage Corp filed for bankruptcy in Delaware on Thursday, …
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