(Reuters) - NEW YORK, July 31 - IndyMac Bancorp Inc , a big Southern California mortgage specialist, said on Tuesday second-quarter profit fell 57 percent, hurt by tougher conditions in the home-loan market.
The company also suspended its normal practice of providing a financial forecast, citing what Chief Executive Michael Perry called "the significant current uncertainties in the housing and mortgage markets."
Read more at Reuters.com Bonds News
The company also suspended its normal practice of providing a financial forecast, citing what Chief Executive Michael Perry called "the significant current uncertainties in the housing and mortgage markets."
Read more at Reuters.com Bonds News
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