Archive for March, 2007
Accredited Home Lenders shares plunge 64%
Wednesday, March 14th, 2007The 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, 2007Panic 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, 2007There 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.