<< Read Full Article

Mortgage Mess Toll Rises

Stock quotes in this article: CFC , TMA  

First National Bank of Arizona has become the latest casualty in the mortgage collapse that is gripping U.S. lenders.

The privately held bank has shuttered its wholesale mortgage lending division, according to mortgage brokers who have spoken with the lender.

A call to the bank's executive office was directed to president and CEO Gary Dorris, who did not immediately return calls. A call placed to one of its mortgage representatives was met with the greeting that the bank had shut down its wholesale lending unit. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,471.58 1,108.86 2,175.81 32.75
Oil *
78.87
UP
126.74
UP
13.23
UP
31.21
UP
0.74
10 Yr
3.28%
SPDR Gold
117.38
+1.23%
+1.21%
+1.46%
+2.31%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services