Wells Fargo Misses Earnings Estimate
Wells Fargo & Co.’s earnings growth slowed in the first quarter as the nation’s fifth largest bank sustained more losses on high-risk consumer loans.
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Stocks battered by mortgage mess (CNN Money) Stocks sold off early Friday, continuing steep losses for the week as Wachovia became the latest bank hit by fallout in the mortgage sector.read more...
SouthFirst Bancshares CEO Sandra Stephens After enduring multiple quarters plagued by management shuffles and net losses, Sylacauga, Ala.-based SouthFirst Bancshares Inc.read more...
30-Year Rates Rise to 6.58% Rates on 30-year mortgages rose for the fifth consecutive week, hitting their highest level in nearly four years, a nationwide survey of rates reported Thursday. read more...
Cutbacks Announced at HSBC Mortgage Corporation (WGRZ-TV Buffalo) More bad news for the Western New York economy with the announcement Tuesday of layoffs in the local mortgage industry. HSBC Mortgage Corporation (USA) gave 225 employees 60 days notice
Mortgage pros leaving market amid upheaval (BizJournals) Donald Hall knows better than most about the mortgage industry's woes. A fast-talking, upbeat, 12-year veteran of the field, he's known by most of his clients and friends as "D."
Centex inks lease on new building in the Journal Center Centex Homes , along with Commerce Title and CTX Mortgage Company, has leased a 30,000 square-foot office space in a new building under construction in Albuquerque's Journal Center at 7601