August 5th, 2009 12:46 PM by Eric Fang
The lender TBW(Taylor, Bean & Whitaker Mortgage Corporation) ceased all operations today. All the loans in the pipeline(not closed) with this lender will not be closed. I am very sorry for those borrowers who trust me and submit the loans to this lender.
Taylor, Bean & Whitaker Mortgage Corporation is 12th biggest wholesale lender in USA. And this is one of the biggest bank failed this year.