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June 06, 2008

Franklin Credit Signs Servicing Agreement


Franklin Credit Management entered into various agreements to service approximately $245 million in residential home equity line of credit mortgage loans for Bosco Credit LLC, which is owned and controlled by Thomas J. Axon, chairman of Franklin Credit. The loans that are subject to the loan servicing agreement were acquired by Bosco on May 28, the firm adds.

Posted by S. Germain at June 6, 2008 08:18 AM

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