Correction – Fitch: Large U.S. Bank Ratings Vulnerable to GSE Mortgage Loan Repurchases

Correction – Fitch: Large U.S. Bank Ratings Vulnerable to GSE Mortgage Loan Repurchases NEW YORK–(BUSINESS WIRE)–(This is a correction of a release issued earlier today. It provides additional information in the first paragraph and revises the annualized pre-provision net revenues amount in the fifth paragraph.) Recently, the main housing government sponsored enterprises (GSEs) Fannie Mae [...]

Quebec’s Pro Fab modular home builder get acquired by U.S. private equity firm

Quebec’s Pro Fab modular home builder get acquired by U.S. private equity firm MONTREAL – Wynnchurch Capital Ltd., a Chicago-based private equity firm with offices in Toronto and Detroit, has acquired Quebec-based modular home maker Pro Fab Inc. Terms of the deal weren’t disclosed. Read more on Brandon Sun

BJ’s, Christopher & Banks, Dendreon, LHC: U.S. Equity Movers

BJ’s, Christopher & Banks, Dendreon, LHC: U.S. Equity Movers Shares of the following companies are having unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 10 a.m. in New York. Read more on BusinessWeek

Aetna, MicroStrategy, Spirit AeroSystems: U.S. Equity Movers

Aetna, MicroStrategy, Spirit AeroSystems: U.S. Equity Movers March 19 (Bloomberg) — Shares of the following companies are having unusual moves in U.S. trading . Stock symbols are in parentheses, and prices are as of 10:15 a.m. in New York. Read more on Bloomberg

U.S. Stock-Index Futures Advance; CIT, Home Depot Shares Gain

U.S. Stock-Index Futures Advance; CIT, Home Depot Shares Gain Feb. 8 (Bloomberg) — U.S. stock futures rose, signaling the Standard & Poor’s 500 Index may rebound from four weeks of losses, as analyst upgrades of companies from Home Depot Inc. to Walt Disney Co. offset concern over deteriorating government finances in Europe. Read more on [...]

Home equity lines have dried up across U.S.

Home equity lines have dried up across U.S. Jeffrey Yellin is in the middle of remodeling his kitchen, dining room, living room and garage at his home in Oak Park, California. He planned to pay for the project with his $200,000 home equity line… Read more on MalaysiaNews.net

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