Legal
Stay in-the-know on legal news for the mortgage, housing and finance industries.
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Accredited: “Significant Losses” In First Quarter
May 14, 2007In yet another late Friday SEC filing, Accredited disclosed that it expects to report a “significant loss” in the first quarter of 2007, and that it has laid off nearly 1,300 employees. (Late Friday filings are typically used for bad news disclosures that might otherwise hurt a stock price; the idea is that everyone has a weekend to cool down instead of reacting immediately).
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Earnings That Weren’t at Impac
May 11, 2007 -
New Century: Thank Goodness the Execs Are Still Being Paid
May 08, 2007 -
Now It’s Starting to Get Fun
May 07, 2007 -
Game Over: New Century Won’t Be Bought
May 04, 2007 -
It’s Not Really a Foreclosure Moratorium, But It’s Close Enough
May 01, 2007 -
Commentary: Mortgage Job Losses Mounting
Apr 20, 2007 -
WMC Gutted, Lays Off Half of Workforce
Apr 20, 2007 -
ResCap To Shed 700 More Jobs Amid Subprime Turndown
Apr 20, 2007 -
Supreme Court Rules in Favor of Mortgage Lenders
Apr 18, 2007 -
LandAmerica Takes $21 Million Write-Off on Fremont General Loss
Apr 16, 2007
