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wow12345
74 Posts |
 Posted - 02/26/2007 : 12:22:46 PM
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Here is the e-mail I just recieved:
INTEROFFICE MEMORANDUM
To: All Ivanhoe Mortgage Employees
From: John Cassell
Date: February 26, 2007
Subj: Closure of the Ivanhoe Division
Over the past several months we have informed you of the struggles Central Pacific has had with retaining adequate cash to fund its operations. Those struggles have continued to worsen and I regret to inform you that the Company is unable to fund the end of month payroll for the Ivanhoe Division.
As a result, Ivanhoe Mortgage will be closed, effective today. Funding of Ivanhoe loans will not occur today or in the future.
I’m sorry.
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nealmld
104 Posts |
Posted - 02/26/2007 : 1:59:30 PM
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| Is this for real? |
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aallen
1 Posts |
Posted - 02/26/2007 : 5:01:58 PM
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| Trust me - it is for real. |
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aaston
1420 Posts |
Posted - 02/26/2007 : 6:14:39 PM
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| That ***** if you had a funding today, or tommorrow or ever.... |
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waynepbright
4027 Posts |
Posted - 02/26/2007 : 6:28:39 PM
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I definately feel for you even though, being out here in the West coast, not sure who Central Pacific is but; best of luck -
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droman
183 Posts |
Posted - 03/03/2007 : 10:14:56 PM
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| Are we talking about the orlando Ivanhoe? Who even used them? |
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