UPDATE 1-Friedman Billings mortgage unit files Chapter 11
Story date: 2008-01-18 03:22:00
Added on: 2008-01-18 21:00:25
Forbes - Friedman Billings had said on January 11 that the lender would file under Chapter 11 because of worsening mortgage market conditions. Subprime lenders make home loans to people with poor credit and many such lenders have closed in the last year amid ...
Read more...
Related Stories:
-
Friedman mortgage lender files Chapter 11
CNN Money - feed://rss.cnn.com/rss/money_news_companies.rss ... ARLINGTON, Va. (AP) -- Investment bank Friedman Billings Ramsey Group said Friday that, as expected, its mortgage...
2008-01-18 03:58:00 -
UPDATE 1-Friedman Billings suspends dividend, sees losses in Q4
Reuters - ... Friedman Billings Ramsey Group Inc (FBR.N: Quote , Profile , Research ) suspended its quarterly dividend even as...
2007-12-21 10:26:00 -
Shares of Thornburg Mortgage rise on Friedman Billings Ramsey note
CNBC - NEW YORK - Shares of Thornburg Mortgage Inc. jumped Wednesday after a Friedman Billings Ramsey analyst issued a research report...
2007-11-14 10:20:00 -
Refinancing tips offered in Billings (KTVQ Billings)
Mortgage rates are at their lowest level in years, with some lenders offering less than 5% interest in Billings. The trend has...
2009-01-07 07:05:59 -
Opening Glance: Mortgage Lenders decline - CNBC
NEW YORK - Shares of mortgage lenders slipped Monday after a Friedman, Billings, Ramsey analyst downgraded Countrywide Financial Corp. to "Underperform." FBR...
2008-05-05 07:19:00 -
Analyst: Fed rate cut no rescue for mortgage biz (CNN Money)
Says move provides some lender relief, but no halt to sinking home values. NEW YORK (AP) -- A Friedman Billings Ramsey analyst...
2007-09-14 06:10:12 -
Getting Out of the Mortgage Squeeze (Washington Post)
Long before the mortgage market fell apart this summer, Friedman Billings Ramsey, Washington's largest investment bank, saw the trouble ahead. ...
2007-10-14 05:51:07 -
Analyst predicts bigger loss for Countrywide (CNN Money)
Friedman Billings Ramsey analyst says home lender's third quarter will be greater than earlier break-even prediction, cites mortgage debt....
2007-10-04 06:40:12