FirstFed Financial Corp (FED)

[Rawnoc]

First Fed has closed its Wholesale Residential Lending Division effective today, January 26, 2009.

Files received today, January 26, 2009, will be returned un-processed. Files that have not been previously approved (in suspense) as of January 26, 2009 will be declined.

All files that are approved and in the funding process must be funded by February 27, 2009, and only files that satisfy all of the Bank’s conditions by such date will be funded. Any fees previously collected on a file that has not been approved will be returned within 30 days. If you have any questions regarding the above, please contact 1-800-800-490-4761.

If you have a file in process with the Bank, please contact Michelle Bartolo at 310-302-5791.