U.S. steps up mortgage industry probe (UPI)
WASHINGTON, May 4 (UPI)—Federal investigators are stepping up their probe of U.S. mortgage industry practices, The New York Times reported Sunday.
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Capital One Financial Reduces Guidance on Mortgage Weakness (SeekingAlpha via Yahoo! Finance) Chad Brand submits: Frankly, I prefer my headline above to the one I saw atop an Associated Press piece on Friday that was quite a bit more frightening: Capital
Impac Mortgage Holdings, Inc. Increases First Quarter Dividend Payment 25% to $0.25 per Common Share as Compared to the (FinanzNachrichten) NEWPORT BEACH, Calif., March 28 /PRNewswire-FirstCall/ -- Joseph R. Tomkinson, Chairman and CEO of Impac Mortgage Holdings, ( Nachrichten ) Inc. , or the "Company," a Maryland corporation, being taxed
Lehman Reduced Mortgage Assets 20% in Second Quarter (Update1) (Bloomberg.com) June 16 (Bloomberg) -- Lehman Brothers Holdings Inc. , the fourth-largest U.S. securities firm, unloaded real-estate assets in the second quarter, shrinking its mortgage holdings 20 percent to curb further
FTC Probes Bear Stearns Mortgage Unit (TheStreet.com) The commission asks for documents from EMC Mortgage as part of a broader investigation into subprime lending.read more...