(ARLINGTON, Va.)FBR Capital Markets Corp. named Bradley Wright chief financial officer, the investment bank said Tuesday. Wright, who was also named executive vice president, replaces Kurt Harring...READ MORE
(ARLINGTON, Va.)Friedman, Billings, Ramsey Group Inc. said Thursday it swung to a fourth-quarter loss due to a write-down of goodwill and losses tied to subprime mortgages.READ MORE
(NEW YORK)Friedman Billings Ramsey Group Inc.'s mortgage lending arm, First NLC Financial Services LLC, will file for bankruptcy protection and plans to liquidate because demand among invest...READ MORE