Archive for March, 2007
Goodbye Housing Bubble
Written by admin on March 22, 2007 – 7:29 pmPosted in US economy | Comments Off
Accredited Home Lenders shares plunge 64%
Written by admin on March 14, 2007 – 9:39 pmThe crisis among US subprime mortgage lenders continues as Accredited Home Lenders fall 64% in a single trading session.
» ‘Liquidity crisis’ seen looming for Accredited Home; shares plunge – Market Watch, March 23th 2007.
Posted in US economy | Comments Off
Collateral Damage, Subprime Style
Written by admin on March 6, 2007 – 9:20 pmPanic today among shares of US subprime lenders with NovaStar Financial falling 41%, Accredited Home Lenders falling 26% and Fremont General falling 32% as investors make way for the exits of a industry full of bad debts.
» ‘Panic’ takes hold as subprime lenders slump – Market Watch, March 5, 2007
Posted in US economy | Comments Off
Subprime loan concerns in the US
Written by admin on March 3, 2007 – 9:20 pmThere are concerns today in the US subprime market after New Century Finance fell 7.6% after it delayed filing earnings. Countrywide Financial also fell 1.1% after a report suggested it saw a sharp increase in late payments in 2006
» U.S. stocks end lower as jitters continue, Dow falls 80 points as yen rally, subprime loan concerns weigh – Market Watch, March 2nd 2007.
Posted in US economy | Comments Off