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Subprime Lender Gets More Time to File Plan

By Ben James ( June 12, 2007, 12:00 AM EDT) -- Bankrupt subprime lender Ownit Mortgage Solutions Inc. has convinced its unsecured creditors committee and the U.S. Trustee overseeing its Chapter 11 proceedings to agree to extend Ownit's exclusive rights to file and seek support for a restructuring plan by about four weeks....

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