Ex-LIME Chief Looking at His Options

Zan Hamilton, former chief executive of the recently defunct Lime Financial Services of Lake Oswego, Ore., is already planning his return to the mortgage industry but isn't giving many hints about which direction he's headed. An official close to Mr. Hamilton said he has put together a "core group" of investors and is working on a "mortgage related" venture. Mr. Hamilton declined to comment. The Credit Suisse-owned Lime announced that it was closing its doors in December and officially shut its office in mid-February. It funded its last subprime loan in 2007 and then switched menus to focus on Fannie Mae and Freddie Mac products. It was in the process of receiving its FHA approvals when Credit Suisse decided to pull the plug on the company.