Banking
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Popular’s Quarterly Income Drops 54 Percent
Jan 17, 2007Popular, Inc. reported today that the company’s annual net income dropped 34 percent in 2006 to $357.7 million, compared with $540.7 million in 2005. Net income during the fourth quarter took a sharper tumble, falling to $59.6 million from $130.2 million one year ago, a drop of 54 percent. The company’s mortgage loan portfolio shrunk during 2006 as well, falling 1.2 billion from 2005’s portfolio holdings to $11.7 billion at the end of the year.
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First American Introduces Instant Title for Refinance Transactions
Jan 16, 2007 -
IndyMac Slumps During Q4; Acknowledges ‘Earnings Miss’
Jan 16, 2007 -
Mortgage Builder Upgrades LOS; Moves Towards Paperless
Jan 15, 2007 -
Countrywide: Subprime Fundings Drop 17 Percent in 4th Quarter, Foreclosures Up Nearly 50 Percent
Jan 12, 2007 -
Apps increase; ARM share continues to fall
Jan 10, 2007 -
Penn. Congressman to Re-Introduce Federal Mortgage Assistance Act
Jan 10, 2007 -
New Century Grows Loan Production to Record $59.8 Billion in 2006
Jan 09, 2007 -
Southwest Foreclosures Lead the Nation in 2006; Calif. Filings Up 94 Percent
Jan 08, 2007 -
CWCapital Asset Management Grows CMBS Special Servicing Portfolio
Jan 05, 2007 -
Ohio IDA Program Expands Opportunities for Homeownership
Jan 05, 2007
