On Friday, Abode Mortgage said its mortgage business “had ceased operations.”
Now, apparently they have “received expressions of interest from prospective purchasers for the purchase of Abode Mortgage Corporation.”
The company said it’s in “preliminary discussions with the interested parties” and “will make further announcements on the outcome of the discussions as appropriate.”
What would someone be buying? A shell of a company with poor upper management, what’s that worth.
Any word on this company (being polite) paying the finder fees they owe to brokers, this is absurd and the upper management of this company should be outcast from this industry if they do not pay these type of debts.