Britain's nationalized mortgage lender Northern Rock reduced its losses Wednesday and said it expects to return to profit some time in the second half of 2012.
Search results for expects
Northern Rock expects to post a profit next year
Posted by mortgage 294 days ago (Editorial)Northern Rock expects profits next year
Posted by mortgage 294 days ago (Editorial)
Britain's nationalized mortgage lender Northern Rock has reduced its losses and says it expects to turn a profit in the second half of the year ahead of a sale.
Feds subpoena Ally Financial mortgage records; lender expects $100M charge for mortgage losses
Posted by mortgage 329 days ago (Editorial)
DETROIT - Ally Financial says it has received subpoenas from federal investigators looking into mortgage fraud. The company also says it will take a $100 million charge in the second quarter for payments it made to trusts to cover their losses on mortgage securities that went bad.
Mortgage Bankers Association expects fewer home loans in 2009 (Triangle Business Journal)
Posted by mortgage 1064 days ago (Editorial)
The Mortgage Bankers Association has lowered its 2009 forecast for loan originations.
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