Cart

Inside Nonconforming Markets

June 8, 2007

View Archived Issues

Further Problems Ahead as Alt A ARMs Reset

Analysts and mortgage industry insiders are growing increasingly anxious as huge numbers of adjustable-rate mortgages approach their reset dates, according to speakers at a recent conference on nontraditional mortgage products at the Federal Reserve Bank of... Read More

Regulators Issue Finalized Illustrations

Federal thrift and banking regulators have finalized examples of consumer notices on nontraditional mortgage products. Mortgage lenders will be able to download and print the samples from agency Web sites to use as is or modify as they try to implement the... Read More

California Dominates in Alt A Production

Alt A production is heavily concentrated within a few states, with the top five accounting for 65.5 percent of Alt A originations so far this year, a new analysis from Inside Alternative Mortgages has found. California is... [Includes one chart and one graph] Read More

Alt A Issuance Strong Despite the Lagging Market

The Alt A secondary market continues to perform well so far this year, according to a recent report from Standard and Poor’s, which also noted what may be some early signs of trouble. Issuance of bonds backed by Alt A loans fell only slightly in the first... Read More

Regulators Attack Low Doc Lending

Stated-income and low documentation loans are under fire from federal banking regulators as they consider adding stricter standards to the proposed subprime lending guidance. The draft supervisory guidance’s comment period ended May 7 and regulators... Read More

Lenders Using New Products to Gain Market Share

As tightened underwriting and regulatory scrutiny force subprime and Alt A lenders to decrease risky originations, larger, more diversified lenders are trying to gain market share with new products their competitors can’t match, suggests a recent study... Read More

Opteum Exits Originations Business

Opteum has agreed to sell its retail mortgage lending platform, completing the company’s exit from the mortgage origination business.Opteum will sell all the assets related to its retail business to Prospect Mortgage Company, a full-service mortgage company based... Read More

Latest Imf News

More Imf News

Featured Data

More Featured Data

Featured Reports

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

View Results