(Reuters) - Analysts, on average, had expected first-quarter earnings of $1.01 per share, and 2007 earnings of $4.73 per share, according to Reuters Estimates.
During March, the company saw fewer buyers offering materially lower prices for loan pools and mortgage securities, Chief Executive Michael Strauss said in a statement. The company is scheduled to report first-quarter results on April 30.
Read more at Reuters.com Business News
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