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Latest News:

Sad Tales From Retail Forbes - In another financial story, Citigroup lowered its target price on Thornburg Mortgage (nyse: TMA - news - people ) to $7, from $8.50, and maintained its "sell" rating on the stock, citing more residential mortgage writedowns related to
Sad Tales From Retail

Sector Snap: Credit Card Lenders CNBC - The disclosure of bad credit in Capital One's home equity mortgage debt portfolio should not surprise anyone, said CIBC World Markets analyst Meredith Whitney. The disintegration of mortgage credit quality has been widely publicized. "Spiking losses
Sector Snap: Credit Card Lenders

Capital One Cuts 2007 Earnings Forecast Baltimore Sun - adding about $650 million to its charge-off allowance because of recent delinquencies in its consumer lending businesses and "continued deterioration" of approximately $700 million of home equity lines of credit originated by its GreenPoint Mortgage
Capital One Cuts 2007 Earnings Forecast

Bank of America's Countrywide trap CNN Money - Ten percent of the lender's portfolio is invested in subprime mortgage securities, including billions worth of securitized and "raw" home equity loans (known as "HELOCS" on Wall Street) and adjustable rate mortgage securities, or ARMS, whose interest
Bank of America's Countrywide trap




UPDATE 1-Huntington shares fall after 4th-qtr warning Forbes - But the quarter was also marred by losses on loans held for sale, equity investments and hedges against mortgage servicing rights. It also suffered impairment on investment securities and took a loss from its share of a Visa antitrust settlement. In
UPDATE 1-Huntington shares fall after 4th-qtr warning

Bank of America's Countrywide trap CNN Money - Ten percent of the lender's portfolio is invested in subprime mortgage securities, including billions worth of securitized and "raw" home equity loans (known as "HELOCS" on Wall Street) and adjustable rate mortgage securities, or ARMS, whose interest
Bank of America's Countrywide trap

Sector Snap: Credit Card Lenders CNBC - The disclosure of bad credit in Capital One's home equity mortgage debt portfolio should not surprise anyone, said CIBC World Markets analyst Meredith Whitney. The disintegration of mortgage credit quality has been widely publicized. "Spiking losses
Sector Snap: Credit Card Lenders

UPDATE 1-Huntington shares fall after 4th-qtr warning Forbes - But the quarter was also marred by losses on loans held for sale, equity investments and hedges against mortgage servicing rights. It also suffered impairment on investment securities and took a loss from its share of a Visa antitrust settlement. In
UPDATE 1-Huntington shares fall after 4th-qtr warning

Barnes & Noble, Gap, Harris, Tellabs, MSCI: U.S. Equity Movers Bloomberg - Equity Movers By Fabio Alves Jan. 10 (Bloomberg) -- The following is a list of companies whose shares are having unusual Thornburg Mortgage Inc. (TMA US) fell the most since Oct. 17, losing 78 cents, or 8.9 percent, to $8. The Santa Fe, New Mexico
Barnes & Noble, Gap, Harris, Tellabs, MSCI: U.S. Equity Movers

Sad Tales From Retail Forbes - In another financial story, Citigroup lowered its target price on Thornburg Mortgage (nyse: TMA - news - people ) to $7, from $8.50, and maintained its "sell" rating on the stock, citing more residential mortgage writedowns related to
Sad Tales From Retail