Study says lenders lost money last year
Story date: 2007-10-10 01:41:00
Added on: 2007-10-10 19:00:42
Boston Globe - WASHINGTON -- Even before surging defaults rattled the mortgage industry, lenders were facing financial troubles and actually lost money on average for every loan they made last year, an industry trade group said Wednesday. The Mortgage Bankers ...
Read more...
Related Stories:
-
Study Says Lenders Lost Money Last Year (AP via Yahoo! Finance)
Even before surging defaults rattled the mortgage industry, lenders were facing financial troubles and actually lost money on average for every...
2007-10-10 12:53:21 -
Impac shares plummet on mortgage losses
CNN Money - Impac, which lost $274.2 million in the first half of 2007, has fallen victim to the firestorm engulfing the...
2007-11-19 10:21:00 -
Where did all that 'lost' money go? - MSNBC
The financial market collapse of the past few weeks has destroyed trillions of dollars in wealth. So where, exactly, did all that...
2008-10-12 10:14:00 -
Homeowners lost as much on the value of their house as they earned in the last year, says new report (Daily Mail: World News)
The average homeowner has lost nearly as much money on the value of their property as they earned in the last year,...
2008-08-07 07:10:37 -
State mortgage industry feels business dip (East Valley Tribune)
Arizona's mortgage industry was one of the hardest-hit in the country last year, with more than 2,000 jobs lost to company closures...
2008-01-08 09:34:35 -
Buyers for distressed mortgage debt scarce, but they exist, despite ...
Thunder Bay Chronicle-Journal - The exodus of buyers from the markets where mortgage lenders raise money has brought an entire industry to...
2007-08-20 10:18:00 -
Major US mortgage firm cuts jobs
Al Jazeera - ... chief executive and co-founder, said in a letter to employees: "This current cycle ... unexpected decline prompted...
2007-09-08 12:22:00 -
Dip in a bigger pool (Herald Sun)
IF YOU have money in a managed fund you probably have less than you did a year ago - most funds have...
2008-05-25 07:00:00
