Fury as Healey says loss of home can be ‘best thing’
Fury as Healey says loss of home can be ‘best thing’
The housing minister provoked fury yesterday after he suggested that the “best thing” for some struggling families would be to have their homes repossessed.
Read more on Independent
MoneyGram posts a loss despite growth
MoneyGram posts a loss despite growth
Despite dramatically expanding its worldwide money-transfer empire over the past two years, MoneyGram International Inc. still faces a number of obstacles closer to home that are cramping its profits….
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Amcore Reports Reduced 4th Quarter Loss
Amcore Reports Reduced 4th Quarter Loss
AMCORE reported a net loss of ($26.3) million for fourth quarter 2009, compared to a net loss of ($32.1) million in the prior-year period and a net loss of ($156.4) million in the previous quarter
Read more on WIFR Rockford
(AFX UK Focus) 2010-01-27 22:59 UPDATE 2-E*Trade quarterly loss narrows, shares climb
(AFX UK Focus) 2010-01-27 22:59 UPDATE 2-E*Trade quarterly loss narrows, shares climb
NEW YORK, Jan 27 (Reuters) – Online broker E*Trade Financial Corp posted its 10th-straight quarterly loss, but it was a quarter of the size of the loss in the year-earlier quarter as the company made headway on bad loans. With its exposure to mortgage-market losses declining, E*Trade said it was now positioned for “sustainable, profitable growth.” E*Trade has been careful not to forecast when it …
Read more on Interactive Investor
Categories: mortgage meld Tags: 20100127, 2259, 2E*Trade, climb, Focus, loss, narrows, quarterly, Shares, UPDATE
Exclusive: Gosselins Take Loss On House
Exclusive: Gosselins Take Loss On House
Divorced parents Jon and Kate Gosselin finally sell one of two houses they were paying a mortgage on, but they took a significant loss on the deal.
Read more on FOX 29 Philadelphia
(AFX UK Focus) 2010-01-26 12:39 UPDATE 1-MGIC Investment posts narrower-than-expected Q4 loss
(AFX UK Focus) 2010-01-26 12:39 UPDATE 1-MGIC Investment posts narrower-than-expected Q4 loss
Jan 26 (Reuters) – Largest U.S. mortgage insurer MGIC Investment Corp posted a narrower-than-expected quarterly loss, primarily helped by a tax benefit.
Read more on Interactive Investor
Categories: mortgage meld Tags: 1239, 1MGIC, 20100126, Focus, Investment, loss, narrowerthanexpected, posts, UPDATE
MGIC Net Loss Widens To $280 Million
MGIC Net Loss Widens To $280 Million
MGIC Net Loss Widens To $280 Million
Read more on Fox News
PrivateBancorp shares jump as 4th-qtr loss narrows
PrivateBancorp shares jump as 4th-qtr loss narrows
PrivateBancorp Inc. shares rose Monday after the commercial bank and wealth management company posted a sharply narrower fourth-quarter loss, even though customers are still having trouble paying back outstanding loans.
Read more on AP via Yahoo! News
Categories: mortgage meld Tags: 4thqtr, jump, loss, narrows, PrivateBancorp, Shares
Bank of America posts $5.2B loss
Bank of America posts $5.2B loss
CHARLOTTE, N.C. — Bank of America Corp. said Wednesday it lost $5.2 billion during the final three months of 2009 as consumers struggled to make mortgage and credit card payments and the bank repaid its government bailout money.
Read more on Mississippi Business Journal
Refinance an uphill fight after job loss
Refinance an uphill fight after job loss
A couple is unlikely to qualify for a refinance, which may not be a good option for them anyway.
Read more on Bankrate.com via Yahoo! Finance