Alt A Mortgage

Browse articles from all of our Newsletters related to Alt A Mortgage.

October 17, 2014 - Inside Mortgage Trends

Performance of Nonprime Borrowers Improving

With most “easy” refinance business long gone, some lenders have turned their attention to lower credit-quality borrowers. New research from Fair Isaac suggests that borrowers with the lowest credit scores are showing improved performance, helping to ease some concerns about lending to such borrowers. Ethan Dornhelm, principal scientist at Fair Isaac, said average FICO scores tend to decline during an economic downturn, as consumers have more difficulty meeting loan obligations ...


October 10, 2014 - Inside Nonconforming Markets

Subprime Volume Indicators and Performance

A page of subprime and jumbo data.


October 10, 2014 - Inside MBS & ABS

Non-Agency MBS Market Revs Up in 3Q14; Even the Jumbo Market Showed Some Life

Thanks to a heavy supply of scratch-and-dent deals and a rebound in jumbo mortgage securitizations, new issuance in the non-agency MBS market jumped by 57.4 percent in the third quarter of 2014, according to a new Inside MBS & ABS analysis and ranking. A total of $8.99 billion of non-agency MBS were issued during the third quarter, a major increase from the $5.71 billion issued in the previous three-month period. Year-to-date issuance was still off 27.3 percent from the first nine months of 2013, and it is doubtful that annual volume this year will top 2013’s total when the year is over. Issuance of prime non-agency MBS in the third quarter was...[Includes three data charts]


September 26, 2014 - Inside Nonconforming Markets

Subprime Volume Indicators and Performance

A page of subprime and jumbo data.


September 26, 2014 - Inside Nonconforming Markets

Higher-Priced Lending Increased in 2013

Originations of higher-priced mortgages increased significantly in 2013 compared with the previous year, according to an Inside Nonconforming Markets analysis of Home Mortgage Disclosure Act data released this week. The market share for higher-priced mortgages also more than doubled in 2013 compared with the previous year, but the loans continue to account for a small portion of total originations. Some $35.18 billion in higher-priced mortgages were sold in 2013, up from ... [Includes one data chart]


Poll

Over the next six months we plan to hire this many more additional loan officers:

1 to 10 (We're being careful.)

31%

11 to 30 (We're optimistic.)

10%

More than 30 (We're in a growth mode as the banks get out.)

31%

We're cutting back. (Are you nuts? It's ugly out there.)

29%

Housing Pulse