Accredited Home Lenders Holding Co. (NASDAQ:LEND) (“Company”) today announced that it has received regulatory approvals from states representing over 95% of the Company’s loan production volume for 2006, thereby satisfying one of the primary conditions to the close of the pending tender offer for the Company’s outstanding stock by an affiliate of Lone Star Fund V (U.S.), L.P. The tender offer is currently scheduled to expire at midnight on August 14, 2007.
About Accredited
Accredited Home Lenders Holding Co. is a mortgage company operating throughout the U.S. and in Canada. Accredited originates, finances, securitizes, services, and sells non-prime mortgage loans secured by residential real estate. Founded in 1990, the company is headquartered in San Diego. Additional information may be found at www.accredhome.com.
About Lone Star Funds
Lone Star is a leading U.S. private equity firm. Since 1995, the principals of Lone Star have organized private equity funds totaling more than $13.3 billion to invest globally in corporate secured and unsecured debt instruments, real estate related assets and select corporate opportunities. Additional information may be found at www.lonestarfunds.com
Solar Stocks #board-11148
Peak Oil #board-6609
Coal #board-2809
Real Estate Bubble #board-7285
Lender Implosion #board-10076
HomeBuilders #board-1680
Your Economy #board-1948
Global Warming #board-11877
Recent LEND News
- Official List Suspension - Sancus Lending Group Limited • RNS Regulatory News • 05/01/2024 06:30:00 AM
- Sancus Lending Group Limited Transaction in Own Shares – Correction • RNS Regulatory News • 04/30/2024 09:02:18 AM
- Sancus Lending Group Limited Transaction in Own Shares & Total Voting Rights • RNS Regulatory News • 04/30/2024 06:00:12 AM
- Sancus Lending Group Limited ZDP Share Buyback • RNS Regulatory News • 04/29/2024 06:00:09 AM
- Facilities by ADF profit hit by Hollywood strikes • Alliance News • 04/26/2024 07:02:38 PM
- Sancus Lending Group Limited Temporary Suspension of ZDP Shares • RNS Regulatory News • 04/26/2024 11:06:35 AM
- ActiveOps sales up; Sancus turnover jumps • Alliance News • 04/24/2024 03:04:43 PM
- Sancus Lending Group Limited Trading Update and Capital Strengthening • RNS Regulatory News • 04/24/2024 06:00:11 AM
- Spectris adds former Spirax CEO Anderson to board • Alliance News • 03/28/2024 01:46:52 PM
- Sancus Lending Group Limited Board and Executive Changes • RNS Regulatory News • 03/28/2024 07:00:15 AM
- Sancus Lending Group Limited Director/PDMR Shareholding • UK Regulatory • 12/07/2023 07:00:00 AM
- Sancus Lending Group Limited Long Term Incentive Plan Awards • UK Regulatory • 12/06/2023 07:00:00 AM
- Velocys agrees bid, Helical lets office to Sainsbury • Alliance News • 12/05/2023 05:54:35 PM
- Sancus Lending Group Limited Strategic Joint Venture • UK Regulatory • 12/05/2023 07:00:00 AM
- Sancus Lending Group Limited Change of Registered Office • UK Regulatory • 11/02/2023 02:23:00 PM
- Judges Scientific revenue up; LBG backs guidance • Alliance News • 09/20/2023 09:54:49 AM
- Sancus Lending Group Limited Interim Results • UK Regulatory • 09/20/2023 06:00:00 AM
- Sancus Lending Group Limited Change of Registered Office • UK Regulatory • 08/14/2023 06:00:00 AM
- Sancus Lending Group Limited Director/PDMR Shareholding • UK Regulatory • 06/13/2023 06:00:00 AM
- Sancus Lending Group Limited Holding(s) in Company • UK Regulatory • 06/12/2023 11:38:00 AM
- Sancus Lending Group Limited Results of Annual General Meeting • UK Regulatory • 05/19/2023 10:43:00 AM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM