|
| related topics |
| {loan, real, estate} |
| {financial, litigation, operation} |
| {control, financial, internal} |
| {condition, economic, financial} |
| {regulation, change, law} |
| {capital, credit, financial} |
| {competitive, industry, competition} |
| {personnel, key, retain} |
| {stock, price, share} |
|
|
The consummation of a recapitalization transaction, if any, will likely result in very significant dilution to the Company s existing shareholders.
Risks Relating to the Holding Company s Deteriorated Financial Condition
Doral Financial s deteriorated earnings have resulted in a reduction of Doral Financial s capital position and, together with the pending debt maturity and downgrades to its credit ratings, have adversely affected its operations and the ability of the holding company to access funding.
The weakened financial condition of the holding company may also affect Doral Financial s servicing business.
Continuing negative publicity may affect our business.
Doral Financial may fail to retain and attract key employees and management personnel.
Risks Relating to the Restatement Process
Doral Financial has restated its financial statements.
Doral Financial and its banking subsidiaries are subject to the supervision and regulation of various banking regulators and have entered into consent orders with these regulators, and these regulators could take action against the Company or its banking subsidiaries.
Doral Financial has been the subject of an investigation by the U.S. Attorney s Office for the Southern District of New York, which could require it to pay substantial fines or penalties.
Risks Relating to Doral Financial s Business
Fluctuations in interest rates may negatively impact Doral Financial
Defective and repurchased loans may harm Doral Financial s business and financial condition.
Doral Financial must identify and satisfy the requirements of new loan sale channels for its non-conforming mortgage loan production.
Doral Financial is exposed to credit risks from mortgage loans held pending sale and mortgage loans that have been sold subject to recourse arrangements.
Doral Financial is subject to default risk in connection with the loans it originates for its own portfolio.
Doral Financial is subject to greater credit risk with respect to its portfolio of construction and commercial loans.
Management has identified several material weaknesses in Doral Financial s internal control over financial reporting.
Doral Financial s business is concentrated in Puerto Rico.
The economy of Puerto Rico is slowing down.
Doral Financial is subject to risks in servicing loans for others.
Competition with other financial institutions could adversely affect the profitability of Doral Financial
Full 10-K form ▸
|
|
| related documents |
| 835955--2/29/2008--INTERVEST_MORTGAGE_CORP |
| 835955--3/6/2006--INTERVEST_MORTGAGE_CORP |
| 20199--6/26/2007--CHURCH_LOANS_&_INVESTMENTS_TRUST |
| 1284077--3/31/2008--ATLANTIC_COAST_FEDERAL_CORP |
| 946155--3/18/2010--TIAA_REAL_ESTATE_ACCOUNT |
| 1174735--3/16/2006--ACCREDITED_HOME_LENDERS_HOLDING_CO |
| 835955--3/28/2007--INTERVEST_MORTGAGE_CORP |
| 314741--3/31/2008--REEVES_TELECOM_LTD_PARTNERSHIP |
| 1218320--3/19/2009--Woodbridge_Holdings_Corp_(Formerly_Levitt_Corp) |
| 1037976--2/27/2009--JONES_LANG_LASALLE_INC |
| 894490--11/29/2007--BANKUNITED_FINANCIAL_CORP |
| 1037976--2/28/2007--JONES_LANG_LASALLE_INC |
| 745308--2/25/2008--ST_JOE_CO |
| 1045450--2/26/2008--ENTERTAINMENT_PROPERTIES_TRUST |
| 944725--3/15/2010--UNITED_WESTERN_BANCORP_INC |
| 1284077--3/30/2007--ATLANTIC_COAST_FEDERAL_CORP |
| 83402--12/14/2006--RESOURCE_AMERICA_INC |
| 1037976--3/3/2006--JONES_LANG_LASALLE_INC |
| 944725--3/16/2007--UNITED_WESTERN_BANCORP_INC |
| 1059142--3/13/2008--AMERICA_FIRST_TAX_EXEMPT_INVESTORS_LP |
| 1045450--2/28/2007--ENTERTAINMENT_PROPERTIES_TRUST |
| 1331463--3/22/2010--Federal_Home_Loan_Bank_of_Boston |
| 30697--4/3/2006--TRIARC_COMPANIES_INC |
| 834408--3/17/2008--BROOKE_CORP |
| 1207070--3/14/2006--FRANKLIN_BANK_CORP |
| 3906--3/2/2009--ALLIED_CAPITAL_CORP |
| 861955--4/1/2008--CIB_MARINE_BANCSHARES_INC |
| 1271831--4/14/2006--FIELDSTONE_INVESTMENT_CORP |
| 946155--3/20/2009--TIAA_REAL_ESTATE_ACCOUNT |
| 1000298--3/13/2009--IMPAC_MORTGAGE_HOLDINGS_INC |
|