Accredited Home Lenders Holding Co., a subprime originator that has been one of the few companies in any industry to bring an initial public offering to market of late, has closed a $300 million securitization of first-lien loans through a subsidiary.Lehman Brothers Inc. was the lead manager of the transaction and Credit Suisse First Boston LLC. was the co-manager. The securitization was comprised of three classes of notes, each backed primarily by a pledge on one of three groupings of mortgages, the San Diego-based lender reported.
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