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April 20, 2006


Stock to Watch — Accredited Lenders (LEND)

Since the Fed signaled the other day that they’ll stop hiking rates, the market has taken flight once again. LEND, a very interest-rate-sensitive stock, moved to a new high on over twice average volume.

Accredited Home Lenders Holding Co. and its subsidiaries operate as a mortgage banking company in the United States and Canada. The company originates, finances, securitizes, services, and sells nonprime mortgage loans secured by residential real estate. The company was co-founded by James A. Konrath in 1990. Accredited Home Lenders Holding is headquartered in San Diego, California.

LEND

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