Finance
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Wachovia Posts Unexpected Q1 Loss; Will Raise Capital
Apr 14, 2008(Update 1: includes updated look at mortgage exposure) Wachovia Corp [stock WB][/stock] said Monday morning that it lost $393 million, or $.20/share, during the first quarter of 2008 as the nation’s fourth largest bank struggled with its exposure to the troubled U.S. mortgage market. The earnings miss contrasted with earnings of $2.3 billion, or $1.20/share, in the year ago period.
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Wachovia to Get $7 Billion Infusion: Report
Apr 13, 2008 -
Maryland Makes Foreclosure Timelines a Whole Lot Longer
Apr 11, 2008 -
Japan’s Mizuho Warns on U.S. Subprime Mortgage Losses
Apr 11, 2008 -
Triad Nearing Deal to Put Existing MI Portfolio into Runoff
Apr 11, 2008 -
Mortgage REIT Insider: Origen Rebounds, Crystal River Sells Out
Apr 11, 2008 -
Brokers in denial
Apr 11, 2008 -
Radian Secures Waiver Over Ratings, But Sees Key Credit Facility Frozen
Apr 10, 2008 -
Morgan Stanley’s Mack: We’re in Ninth Inning of Credit Crunch
Apr 10, 2008 -
CDO Issuance Ticks Upward in March, But Still Way Off
Apr 10, 2008 -
Fannie, Freddie and More Capital: A Look from Both Sides
Apr 09, 2008