Banking
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Guaranty Bank Takes $1.45bn Impairment from MBS Write-Downs
Aug 03, 2009Guaranty Bank, subsidiary of Guaranty Financial Group [stock GFG][/stock], is in discussions with regulators after recently taking a $1.45bn impairment charge from write-downs on non-agency mortgage-backed securities (MBS). Guaranty wrote down the non-agency MBS to an estimated fair value in an amended thrift financial report. The report also included an adjustment to write off goodwill in the amount of $106.6m.
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Congress Urges Broader TALF Timeline for CMBS
Aug 03, 2009 -
Capstead REIT Earns $42.5m on ARM Portfolio
Jul 31, 2009 -
Genworth’s MI Segment Loses $134m
Jul 31, 2009 -
Alliance Links PriceMyLoan with Victory
Jul 30, 2009 -
PennyMac REIT Raises Funds to Buy Distressed Mortgages
Jul 30, 2009 -
FHA Pairs Modification Efforts with HAMP
Jul 30, 2009 -
Freddie Sees 30-Year FRM Rates Jump to 5.25%
Jul 30, 2009 -
LPS Profit Rises on 50% Gain in Default Services
Jul 30, 2009 -
Flagstar’s Non-Performing Assets Top $1.1 Billion
Jul 29, 2009
