AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Hanover's Net Falls in 3rd Qtr.(Hanover Capital Mortgage Holdings Inc.)(Brief Article)
Edison, NJ -- Hanover Capital Mortgage Holdings' third-quarter net income fell to $100,000, or $0.02 per share, compared to $2.2 million, or $0.27 per share, in the third quarter of last year. Year-end results were not available at press time.
However, Hanover declared a $0.25 dividend per share to be paid on Dec. 5 to shareholders of record on Nov. 23, the company said.
Hanover said the reduction in operating income reflected a reduction in gain-on-sale income from the sale of mortgage assets and the impact of Hurricanes Katrina and Rita, since the majority of bonds sold in the third quarter contained loans from regions that were affected by the storms.
Another factor affecting income was higher borrowing costs related to $20 million that was raised last March. The proceeds of ...
- Hanover Capital Mortgage Holdings, Inc. Announces Authorization of Walter...
- Press release article from: PR Newswire March 27, 2009 700+ words
...PRNewswire-FirstCall/ -- Hanover Capital Mortgage Holdings, Inc. (NYSE Amex: HCM) ("Hanover...Corporation common stock. About Hanover Capital Mortgage Holdings Hanover Capital Mortgage Holdings, Inc. is a mortgage REIT staffed...
- Hanover Capital Mortgage Holdings, Inc. and Walter Industries, Inc. Announce...
- Press release article from: PR Newswire February 18, 2009 700+ words
...PRNewswire-FirstCall/ -- Hanover Capital Mortgage Holdings, Inc. (NYSE Alternext: HCM...walterind.com/. About Hanover Capital Mortgage Holdings Hanover Capital Mortgage Holdings, Inc. is a mortgage REIT staffed...
- Walter Industries, Inc. and Hanover Capital Mortgage Holdings, Inc. Announce...
- Press release article from: PR Newswire February 18, 2009 700+ words
...Walter Industries, Inc. and Hanover Capital Mortgage Holdings, Inc. (NYSE Alternext: HCM...walterind.com/. About Hanover Capital Mortgage Holdings Hanover Capital Mortgage Holdings, Inc. is a mortgage REIT staffed...
- Hanover Capital Mortgage Holdings, Inc. Announces Stockholders Approval of...
- Press release article from: PR Newswire April 17, 2009 700+ words
...PRNewswire-FirstCall/ -- Hanover Capital Mortgage Holdings, Inc. (NYSE Amex: HCM) (the...Monday, April 20, 2009. About Hanover Capital Mortgage Holdings Hanover Capital Mortgage Holdings, Inc. is a mortgage REIT staffed...
- Walter Industries, Inc. Announces Approval by Hanover Capital Mortgage...
- Press release article from: PR Newswire April 15, 2009 700+ words
...announced that the shareholders of Hanover Capital Mortgage Holdings (NYSE Amex: HCM) ("Hanover...walterind.com/. About Hanover Capital Mortgage Holdings Hanover Capital Mortgage Holdings, Inc. is a mortgage REIT staffed...
- Amex Begins Trading Initial Public Offering of Units of Hanover Capital...
- Press release article from: PR Newswire September 16, 1997 700+ words
...public offering units of Hanover Capital Mortgage Holdings, Inc. Hanover Capital Mortgage Holdings, based in New York City, is a specialty...1640/ (HCM.U) CO: Hanover Capital Mortgage Holdings, Inc.; American Stock Exchange...
- Walter Industries, Inc. Announces Filing of Initial Registration Statement by...
- Press release article from: PR Newswire November 10, 2008 700+ words
...industry, announced today that Hanover Capital Mortgage Holdings, Inc. (NYSE Alternext: HCM...1933, as amended. About Hanover Capital Mortgage Holdings, Inc. Hanover Capital Mortgage Holdings, Inc. is a specialty finance company...
- Hanover Capital Mortgage Holdings, Inc. Invites You to Join Its Virtual Real...
- Press release article from: PR Newswire March 1, 2001 700+ words
...March 1 /PRNewswire/ -- Hanover Capital Mortgage Holdings, Inc. (Amex: HCM) invites...Chief Financial Officer of Hanover Capital Mortgage Holdings, Inc. What: Hanover Capital Mortgage Holdings, Inc. Webcast When: Tuesday...