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Home » Store » Non-Agency MBS » News Briefs

News Briefs

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Non-Agency MBS

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Underwriting standards for subprime mortgages tightened somewhat in the third quarter, according to a survey by the Federal Reserve. One of the four banks surveyed by the Fed reported tightening underwriting standards for subprime mortgages in the third quarter while standards at the other three banks were unchanged compared with the previous quarter.The bankruptcy of the parent company of Ditech Financial is unlikely to have an impact on ... [Includes two briefs]
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