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News

S&P to Finalize Loan Mod Guidelines in August

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B&C News Briefs

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Originations Rise in Second Quarter While Earnings Picture is Mixed

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Production Surpasses Servicing Growth For Top Lender-Servicers in First Quarter

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Guidance Casts Serious Doubt on Profitability of Subprime Loans

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Wells Fargo Shuts Down Subprime Wholesale Unit; Others May Follow Suit

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Equity Infusion Buys Time for NovaStar, But Stock Tanks as Investors Anticipated a Sale

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Large Lenders Will Profit From Basel II Agreement; Basel IA Scrapped in Favor of Standardized Option

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SEC Agrees That Servicers Can Modify Loans Without Running Afoul of Accounting Rules

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Repurchase Demands Sank MILA; Alliance Bancorp Files for Bankruptcy

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Mortgage Lending Shrugs Off Sharp Drop in Subprime Volume During Surprising Second Quarter Rebound

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Fed’s New Rules Under HOEPA Aim to Make Subprime Market Look More Like Prime

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