Merrill Halts Loans at First Franklin, Cuts 650 Jobs

NEW -> Contingent Buyer Assistance Program
News here:

http://www.bloomberg.com/apps/news?pid=20601087&sid=a9NCAnGbEBXs&refer=home

Website here:

http://www.ff.com/ffwe/

"Effective March 5 at 2 p.m. PST, 2008 First Franklin Financial Corporation will no longer accept mortgage loan applications.

Thank you for considering us as a source for your mortgage originations. We realize that our 26 years of success and accomplishments would not have been possible without the people and businesses in the mortgage industry."

Wondering how their branch office on Irvine Center Drive is affected...
 
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