Accredited Home Lenders Holding
Information by Research Trustfinance
Founded in 1990 and headquartered in San Diego, California, Accredited Home Lenders Holding Co. was a mortgage company that specialized in originating, financing, securitizing, and servicing non-prime or subprime residential mortgage loans. The company experienced rapid growth during the housing boom of the early 2000s. However, it was severely impacted by the 2007-2008 subprime mortgage crisis, facing massive loan defaults, liquidity issues, and a collapse in its stock price. This led the company to file for Chapter 11 bankruptcy protection on May 1, 2009, and subsequently liquidate its assets, effectively ceasing all operations.
United States
Industry
- BankingPRIMARY
Financial
HQ Location