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Stocks paying a price for plunge in loan originations.

Authors :
Kulkosky, Edward
Source :
American Banker; 6/27/1994, Vol. 159 Issue 122, The New Mortgage Market p17A, 2/5p
Publication Year :
1994

Abstract

Discusses the impact of the decline in loan originations on mortgage stocks. Effect of swift turnaround in interest rates; Waning of takeover speculation; Theory on mortgage banking companies' natural hedge; Investor disappointment over 1993 to 1994 quarterly earnings; Servicing gains; Expected outperformance of Fleet Mortgage Group's shares; Companies' sale of servicing.

Details

Language :
English
ISSN :
00027561
Volume :
159
Issue :
122
Database :
Complementary Index
Journal :
American Banker
Publication Type :
Periodical
Accession number :
9407140055