Accredited Home Lenders Holding Co., San Diego, has received a "#1 (Strong Buy)" ranking from Zacks.com, Chicago.The ranking is based on the expectation that its full-year 2005 earnings will be $6.90, according to Zacks. Accredited issued this guidance in November based on continued growth of its on-balance-sheet portfolio, combined with the strength and growth of its nonprime origination platform. Zacks noted that Accredited had earnings of $1.66 per share for the third quarter of 2004, exceeding analysts' consensus by approximately 3.75%.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









