Lehman Brothers 2Q Profit Up 48 Percent Lehman Brothers Holdings Inc. reported profit rose 48 percent in its fiscal second quarter, but worries about how eroding financial markets could cut into earnings of big Wall Street firms
Connecticut seeks $7M fine against mortgage lender (WOOD TV 8 Grand Rapids) HARTFORD, Conn. -- State banking regulators said Friday they are seeking fines that could exceed $7 million in a multistate effort against a troubled mortgage lender that works...read more...
IndyMac mortgage loss dwarfs its own forecast (Reuters via Yahoo! News) IndyMac Bancorp Inc , one of the largest independent U.S. mortgage lenders, on Tuesday posted a quarterly loss more than five times larger than it had projected, hurt by
Shifting housing market snubs bad credit Several lenders of subprime mortgages - used primarily for home equity loans and for people with spotty credit - have shown signs of trouble after the housing bubble popped and
Stock-Index Futures Decline Before Goldman, Bear Stearns Report Earnings U.S. stock-index futures declined before quarterly results from Goldman Sachs Group Inc., Wall Street's biggest trading firm, and Bear Stearns Cos.read more...
US Air, America West Near Airbus Loan Associated Press Update 2: Report: US Airways, America West Near Loan 05.16.2005, 07:06 AM As they discuss a possible merger, US Airways and America West are near a deal for
Sept. 21 (Bloomberg)—Macquarie Bank Ltd. increased the sale of mortgage-backed bonds by 67 percent to A$500 million ($435 million), restoring investor confidence in a market shuttered by the U.S. housing slump.
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