Tuesday, August 7, 2007

Luminent, which buys mortgages, suspends dividend (Reuters via Yahoo! Asia News)

NEW YORK, Aug 6 (Reuters) - Luminent Mortgage Capital Inc on Monday said it suspended its 32 cents per share quarterly dividend and is exploring options to boost liquidity, becoming the latest casualty of the U.S. housing downturn.

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[Source: Yahoo! News Search Results for mortgages]

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