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franklin first financial, ltd.
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Founded in the 1990s, Franklin First Financial, Ltd. was a privately held direct mortgage lender that provided a range of home loan products, including conventional, FHA, VA, and reverse mortgages. The company operated across multiple states in the U.S. and was known for its rapid growth. However, in October 2017, the company suddenly shut down all operations, terminated its entire workforce, and subsequently filed for Chapter 7 bankruptcy protection, leading to numerous regulatory actions from state authorities.
United States
Industry
Financial