Subprime Payment Rates Improve — For How Long?
The credit ratings service Fitch says that payment rates on subprime montages improved for the first time in four years. "The share of subprime loans that were at least 60 ...Read Full Story »
Posts related to ‘Sub-prime’
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State Street, Not Immune To Subprime (STT)
State Street Corporation (NYSE:STT) has announced that it will record a net after-tax charge in the fourth quarter of 2007 of $279 million, or $0.71 per share. The charge is ...Read Full Story »
Accredited Home Lenders, Maybe Not So Accredited (LEND, AHM)
Accredited Home Lenders Holding Co. (NASDAQ:LEND) is in trouble this morning. Shares were down 30% in pre-market activity after an SEC Filing from the company warned of solvency issues, although ...Read Full Story »
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