Archive for March, 2007

Goodbye Housing Bubble

Thursday, March 22nd, 2007

Accredited Home Lenders shares plunge 64%

Wednesday, March 14th, 2007

The 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.

Collateral Damage, Subprime Style

Tuesday, March 6th, 2007

Panic 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

Subprime loan concerns in the US

Saturday, March 3rd, 2007

There 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.