Small Banks Face a Looming Hit
Regulators are increasingly worried about a lending practice that allows real-estate developers to delay paying construction-loan interest but can mask problems at the banks that made the loans.
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Impac Mortgage Holdings market perform, estimates raised (New Ratings) NEW YORK, August 31 (newratings.com) - Analyst Jim J Fowler of JMP Securities maintains his "market perform" rating on Impac Mortgage Holdings ( IMH.NYS ), while raising his estimates for
ADV: Citi Dividend Card 0% APR on balance transfers for 12 months plus cash back. Apply online.read more...
An online resource guide to help you locate something you've seen in the magazine. Available only through a designer or architect; Contact the manufacturer for a retail source near you; Mail order; Retail store.read more...
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Wachovia quits offering risky mortgage payment option (USA Today) Wachovia said Monday it will quit offering a mortgage payment option that allows borrowers to pay less each month than the bank charges in interest.read more...
Deutsche Bank to take $3.1 bln charge, still sees profit growth "Despite a challenging quarter for our investment banking franchise, our 'stable' businesses continue to perform well. We see substantial opportunities in investment banking after this period of correction" Deutsche