Ohio
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Ghost of First Franklin Helps Swing National City to Q4 Loss
Jan 22, 2008National City Corporation may have sold off its subprime mortgage unit, First Franklin Financial, but the lingering effects of First Franklin’s loan portfolio — as well as weaknesses in home equity loans — are proving costly for the Ohio-based bank. National City posted a quarterly loss of $333 million on Tuesday, or $.53 per diluted share, citing mortgage-related concerns. The Q4 loss compares to net income of $842 million, or $1.36 per share, one year earlier.
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Huntington Bancshares Hit By Franklin Credit Woes; Expects Fourth Quarter Loss
Jan 10, 2008 -
National City Takes $200 Million Charge, Sees Fourth Quarter Earnings Pressure
Dec 17, 2007 -
The Mess that Boyko Made: Pot, Meet Kettle
Nov 26, 2007 -
Report: 77 of 100 Top MSAs Saw Forelcosure Increases in Third Quarter
Nov 15, 2007 -
FDIC Sees Another Bank Fail; Subprime Hits Cited
Oct 04, 2007 -
Suddenly, Default Management and REO Technology Really Matters
Sep 19, 2007 -
RealtyTrac: Foreclosure Filings Up 93 Percent From July 2006
Aug 21, 2007 -
RealtyTrac: First-Half Foreclosure Activity Jumps 55 Percent
Jul 30, 2007 -
RealtyTrac: U.S. Foreclosures Up 90 Percent
Jun 13, 2007 -
With Foreclosures Up, REOs Now Starting to Flood Market
Apr 16, 2007
