- Doral Financial (NYSE:DRL) sells more mortgage-related assets to Abbey Finance Holdings, with the sale expected to adversely affect Doral's capital ratios.
- A first letter from the FDIC received in June said Doral fell within the "undercapitalized" capital category, and a new letter received last week says the bank now falls in the “significantly undercapitalized” category.
- SEC Form 8-K
- Doral continues to await a decision in its suit against the Puerto Rican Treasury over a sizable tax refund.
- Shares -2.9% premarket