...loans through industrial subsidiary Fremont Investment & Loan. It writes nonprime and subprime home mortgages, which it generally sells into the secondary market. Commercial loans, which are usually held for its portfolio, include mortgages, bridge loans, and construction loans, and are mostly used for the conversion or construction of condominiums, office space, retail, or mixed-use or industrial properties. Fremont General's lending is largely funded by deposits collected by Fremont Investment & Loan, which has about 20 branches in California.

Shares were down 11% delaying earnings...

NOTE: All illustrations and photos have been removed from this article.



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