Icon Shuts Correspondent Unit, 120 Workers Let Go

Icon Residential, Irvine, Calif., recently pulled the plug on its plans to enter the correspondent lending channel, laying off roughly 120 full-time employees at the unit and a related division.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_423/icon-shuts-correspondent-unit-layoffs-120-1026381-1.html?CMP=OTC-RSS

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