Using the 2007 10-K for Accredited Lenders Holding Co.(Can be found on Google) , answer the following:

What are the signs of stress that are already very visible in LENDs mortgage Banking business as of

the end of 2007? Focus on the following:

The changing availability of warehouse lines

Putback obligations

Trends for gains on sale of mortgages

The performance of retained securities that are on LENDs balance sheet

The performance of the underlying loans that back the retained securities on LENDs

Performance of LENDs MSR (mortagge servicing Right) assets

balance sheet