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AAXA Mortgage Brokers folds, searches for new bank partner

By Wayne FaulknerWayne.Faulkner@StarNewsOnelin.com

Changing market conditions and a failed merger deal have pushed AAXA Discount Mortgage out of business, a company executive said Wednesday.The closing will put about 80 people out of work, 65 of them at the company’s Wilmington headquarters at 432 Eastwood Road, said Brian Mitchell, operations manager.

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