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Latest Subprime crisis background information Stories

2014-05-01 08:39:09

DENVER, May 1, 2014 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC) announced results for the quarter ended March 31, 2014. 2014 First Quarter Highlights and Comparisons to 2013 First Quarter -- Income before tax of $18.6 million; excluding debt extinguishment charge, income before tax of $28.1 million*, up $5.5 million, or 24%, from $22.6 million -- Earnings per share of $0.23; excluding debt extinguishment charge, earnings per share of $0.35* vs. $0.45...

2014-02-05 08:31:09

DENVER, Feb. 5, 2014 /PRNewswire/ -- M.D.C. Holdings, Inc. (NYSE: MDC) announced results for the quarter ended December 31, 2013. 2013 Fourth Quarter Highlights and Comparisons to 2012 Fourth Quarter -- Net income of $30.7 million, or $0.62 per diluted share vs. $29.7 million, or $0.59 per diluted share -- Pretax income of $34.3 million, up 15% from $29.9 million -- Home sale revenues of $460.9 million, up 18% -- Gross margin from home sales of 17.4% vs. 16.7%,...

2013-09-03 23:00:57

A new article from LoanLove.com takes a look at the Fed's bonds buying activity and explains the effect it has on mortgage interest rates. San Diego, CA (PRWEB) September 03, 2013 LoanLove.com is a borrower advice website that provides detailed insights into the mortgage industry in a fun and entertaining way. The team at LoanLove.com is devoted to help empower both first time and experienced homeowners with valuable resources, first-class knowledge and connections to top-rated...

2013-03-16 23:01:48

Complete Auto Loans, http://www.completeautoloans.com/, has released 3 tips that will help drivers get bad credit auto loans at an affordable rate. (PRWEB) March 17, 2013 More and more, borrowers who have been in bad financial straits now have a chance to redeem their credit score. Anyone who is looking for assistance when financing their car can turn to bad credit auto loans, one of the best ways to repair one´s credit history by paying off a car. Though the country is still suffering...

2013-02-12 23:02:30

Since the United States has seen a significant increase in debt, filing for bankruptcy, and foreclosures within the past few years, Law99 now provides affordable lawyers that can assist consumers with their problems. Virginia Beach, VA (PRWEB) February 12, 2013 According to the latest research, it has come to Law99´s attention that American consumers owe around $11.31 trillion in debt. $858 billion of this amount is in credit card debt, while $8.03 trillion is in mortgages and $956...

2012-01-26 13:06:48

Incentives can worsen outcomes for firms needing financing When a firm experiences a negative shock — e.g. a drop in revenues, loss of the CEO — it will face difficulties when raising new debt for many reasons. The most obvious reason for this difficulty is that the fundamentals of the firm are weaker and lenders recognize that there is less chance the firm can generate the necessary cash flows to repay the loan. Another primary reason is that a lender may worry that the bad...


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