Subprime Lending
Latest Posts
Wachovia Posts Unexpected Q1 Loss; Will Raise Capital
Apr 14, 2008(Update 1: includes updated look at mortgage exposure) Wachovia Corp [stock WB][/stock] said Monday morning that it lost $393 million, or $.20/share, during the first quarter of 2008 as the nation’s fourth largest bank struggled with its exposure to the troubled U.S. mortgage market. The earnings miss contrasted with earnings of $2.3 billion, or $1.20/share, in the year ago period.
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Japan’s Mizuho Warns on U.S. Subprime Mortgage Losses
Apr 11, 2008 -
Brokers in denial
Apr 11, 2008 -
Bush Administration to Push FHASecure Expansion for Underwater Borrowers
Apr 10, 2008 -
Morgan Stanley’s Mack: We’re in Ninth Inning of Credit Crunch
Apr 10, 2008 -
Fannie, Freddie and More Capital: A Look from Both Sides
Apr 09, 2008 -
Report: Brokered B&C Loans More Costly
Apr 09, 2008 -
IMF Pegs U.S. Credit Losses at Nearly $1 Trillion
Apr 08, 2008 -
Fremont Faces Delisting from NYSE
Apr 08, 2008 -
Old National: Rogue Loan Officer Drove $17 Million Loss
Apr 07, 2008 -
Smaller Banks Face Growing Commercial Real Estate Risk: Report
Apr 07, 2008
