Bankruptcy
Latest Posts
Thornburg Gets “Going Concern” Opinion from Auditors, Faces More Margin Calls
Mar 07, 2008Thornburg Mortgage warned in a filing Friday with the Securities and Exchange Commission that it had been issued a “going concern” opinion by its auditors, and that it would restate its earnings for 2007 amid an unhinging of the secondary market for mortgages. So-called “going concern” opinions are usually reserved for companies facing imminent insolvency.
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Judge: Flat-Fee Arrangements in Foreclosures, Bankruptcies “Corrosive” to Practice of Law
Mar 07, 2008 -
A look under Thornburg’s hood (and it’s not pretty)
Mar 06, 2008 -
UBS Rumored to Have Dumped $24 Billion in Alt-A RMBS
Mar 06, 2008 -
Consumer Bankruptcies Jump in February
Mar 05, 2008 -
Countrywide Postpones Foreclosure Sales Amid Row with Borrowers, U.S. Trustee
Mar 05, 2008 -
Thornburg Mortgage Tanks as Liquidity Concerns Mount
Mar 03, 2008 -
Second life
Feb 26, 2008 -
Bankruptcy Provision Added into Senate’s Housing Package
Feb 15, 2008 -
Wells Fargo, Mortgage Lobbyist Extraordinaire
Feb 14, 2008 -
As HELs Tank, First Am Pulls out Second-Lien Scoring System
Feb 05, 2008 -
Countrywide Sanctioned in Idaho Over BK Procedures
Feb 04, 2008
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