Subprime Lending
Latest Posts
NovaStar Posts $54.5 Million Loss in Second Quarter
Aug 10, 2007NovaStar Financial, Inc. posted its second-quarter results late yesterday, and as expected, results showed a big loss. The company reported a net loss of $54.5 million during the second quarter, compared to $33.1 million in earnings during the year-ago period. Pre-tax writedowns totalled $116.9 million, including $73.3 in credit loss provisions.
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Bush: No B&C Bailout
Aug 09, 2007 -
H&R Block Warns Option One Sale Might See Delay; Another Round of Job Cuts
Aug 09, 2007 -
Vive Les Subprime Credit Crunch: BNP Paribas Freezes Funds
Aug 09, 2007 -
Delta Financial Postpones Earnings — More Trouble?
Aug 09, 2007 -
Luminent Mortgage Capital Latest to Face ‘Liquidity Crisis’
Aug 09, 2007 -
SFAS 140: Worth Your Sunday Read
Aug 05, 2007 -
NMN: Nomura Shutters Subprime Conduit
Aug 03, 2007 -
Credit Suisse Halts Lending, Too
Aug 03, 2007 -
Report: NovaStar Suspends Some Loan Fundings
Aug 03, 2007
