Irwin Suspends Quarterly Dividends

Irwin Financial Corp., a mortgage lender based in Columbus, Ind., has announced the suspension of quarterly dividends on its common, preferred, and trust preferred securities. Will Miller, chairman and chief executive officer of Irwin Financial, said the company's dividends have exceeded its earnings over the past two years. "Until we return to normal levels of profitability, that is neither a sustainable nor a wise strategy," he said. Irwin can be found on the Web at http://www.irwinfinancial.com.