ResMae Mortgage of LaBrea, Calif., says it has once again suspended wholesale production but will honor commitments made prior to Nov. 6.Earlier this year ResMae was bought out of bankruptcy by Citadel Investment Group LLC, a hedge fund. Citadel purchased ResMae's assets -- including its servicing operation -- for $180 million, beating out Credit Suisse in an auction. Among subprime wholesalers, ResMae ranked 14th in 2006. The company was founded in 2001 by industry veterans Jack Mayesh, Ed Resendez, and William Komperda. At one time ResMae employed about 1,000. The company can be found on the Web at https://www.resmae.com.
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