national city corp
Merrill Lynch accuses National City of misrepresentation (The Plain Dealer)
By Mortgage Rates Admin - Posted on April 24th, 2008
Tagged: merrill lynch
• merrill lynch co
• mortgage division
• national city corp
• subprime mortgage
After spending $1.3 billion to buy National City Corp.'s subprime mortgage division in late 2006, Merrill Lynch & Co. closed the operation last month. The market for risky mortgages has simply evaporated nationwide.