Reuters
Latest Posts
PMI Warns on Expected Q3 Losses, Withdraws Financial Guidance
Oct 18, 2007The PMI Group, Inc. said today that it expects to report a loss of $1.05 per share due to “continued weak housing and mortgage markets and associated dislocation in the credit derivative markets.” The loss turned analyst expectations onto its head, with Reuters reporting that mean analyst expectations had pegged third quarter numbers at a $0.75 per share profit.
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JPMorgan, Bank of America Expected to Write Down $3 Billion
Oct 08, 2007 -
“Big Loan” Verrone and the CMBS Market
Oct 03, 2007 -
Run on Federal Home Loan Bank Mortgage Advances Called ‘Unprecedented’
Sep 04, 2007 -
Deutsche Bank CEO: Housing Crisis Will Affect World Economy
Sep 03, 2007 -
Freddie’s Volume Summary Shows Mortgage Portfolio Jump
Aug 23, 2007 -
The Opposite of Containment: Another Bear Stearns Hedge Fund in Trouble
Jul 31, 2007 -
Mortgage Apps Scratching 5-Month Low; Weakening Demand for Purchase Apps Seen
Jul 25, 2007 -
Prime Time: Thornburg Sees Quarterly Profit Rise, Says Will Beat Previous 2007 Earnings Target
Jul 20, 2007 -
American Home Rumored to Lose Credit Facility; Stock Drops 20 Percent
Jul 19, 2007 -
Mortgage Prepayments Dropped in June; JPMorgan Predicts Further Slowing in July
Jul 09, 2007 -
SEC Opens 12 CDO Investigations
Jun 26, 2007
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