Arbor Realty Stock Crashes, My Losses + Going Forward
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Some pretty big news dropped about Arbor Realty Trust on Friday, which caused a huge share price drop in their stock. At around 11 a.m. on Friday morning, Bloomberg broke the news that Arbor Realty was being probed by the Department of Justice regarding their lending practices and loan book. According to the article, “Federal prosecutors and the Federal Bureau of Investigation in New York are looking into Arbor Realty Trust Inc. on the heels of short-seller attacks about the lender’s practices and disclosures, according to people familiar with the matter. The investigators are inquiring about lending practices and the company’s claims about the performance of their loan book, said the people, who asked not to be named, discussing an ongoing investigation.”
Some pretty big news dropped about Arbor Realty Trust on Friday, which caused a huge share price drop in their stock. At around 11 a.m. on Friday morning, Bloomberg broke the news that Arbor Realty was being probed by the Department of Justice regarding their lending practices and loan book. According to the article, “Federal prosecutors and the Federal Bureau of Investigation in New York are looking into Arbor Realty Trust Inc. on the heels of short-seller attacks about the lender’s practices and disclosures, according to people familiar with the matter. The investigators are inquiring about lending practices and the company’s claims about the performance of their loan book, said the people, who asked not to be named, discussing an ongoing investigation.”
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در تاریخ 1403/04/25 منتشر شده
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