Finance
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Downey Sees Net Income Drop; Deliquencies Triple
Jan 18, 2007Downey Financial Corp. reported net income for 2006 of $205.2 million ($7.36 per share, diluted), down 5.6 percent from the record $217.4 million ($7.80 per share) reported in 2005. The Calif.-based option ARM specialist said that its decline in net income was due to an increasingly difficult operating environment, including higher provisions for credit losses and a decrease in gains on loan sales.
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Rates Continue Upward Climb; Reach 10-week High
Jan 18, 2007 -
Popular’s Quarterly Income Drops 54 Percent
Jan 17, 2007 -
Lenders take stock
Jan 16, 2007 -
First American Introduces Instant Title for Refinance Transactions
Jan 16, 2007 -
Wells Sees Originations Increase 9 Percent in 2006
Jan 16, 2007 -
Centex: Orders Down 24 Percent, Loss Expected
Jan 16, 2007 -
IndyMac Slumps During Q4; Acknowledges ‘Earnings Miss’
Jan 16, 2007 -
Mortgage Builder Upgrades LOS; Moves Towards Paperless
Jan 15, 2007 -
A house of cards
Jan 15, 2007 -
Bay Capital Closes Its Doors; Parent Faces Insolvency
Jan 12, 2007
