The Real Deal New York

Democratic State Senator Jeffrey D. Klein released a study that puts some lenders in a “subprime hall of shame.” The study said Fremont Investment and Loan, WMC Mortgage, and the New Century Financial Corporation accounted for the highest number of foreclosures in Queens and Brooklyn in the year studied. From July of last year to this year, the lenders issued 618 mortgages that resulted in foreclosure in New York City and Westchester. [NYDN] and [Post]