Finance
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Mortgage REIT Insider: Chimera Gets a Lesson on Leverage
Jun 06, 2008Earlier this year, Chimera Investment Corp. [stock CIM][/stock] bit off more than it could chew, and indigestion finally set in this past week. I wondered back in March if Chimera was quietly struggling to stay afloat after leveraging up at just the wrong time — it had quadrupled its reliance on repurchase lines just as competitor MFA Mortgage [stock MFA][/stock] was selling assets to de-lever its balance sheet.
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Report: National City On ‘Probation’ With Banking Regulators
Jun 06, 2008 -
Like peas and carrots
Jun 05, 2008 -
Lehman and the short seller wars
Jun 05, 2008 -
Primed for Trouble: Pace of Mortgage Distress Shifts to Prime Borrowers
Jun 05, 2008 -
Fixed Mortgage Rates Hold Steady; Adjustable Rates Fall Sharply
Jun 05, 2008 -
Community Banks Move into Mortgages; So, Too, Does Credit Crunch
Jun 05, 2008 -
Hedge Fund Looks to Snap up Abandoned Land in California
Jun 04, 2008