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News

FASB Gives Tacit Approval to MBA Position on Loan Modifications

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Option One Posts More Losses, ResMae Emerges from Bankruptcy, Chase Expands in Subprime

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Impac Withholds Dividend, Citing Losses on REO Sales

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PremierWest Forms Alliance With PHH Mortgage

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Alt A Pioneer Still Believes Careful Low-Doc Lending is a Winning Strategy

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Sen. Schumer Launches Bill to Crack Down on Subprime Lending Abuses

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Consumer Advisory Panel Seeks Acceptable Approach As Fed Contemplates Response to Abusive Lending

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Securitization Takes Huge Bite of Early 2007 Mortgage Originations as Bank Retained Portfolios Shrink

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Substantial Number of Mortgage Broker Firms Willing to Accept Buyback Liability, Study Finds

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Community Mortgage Bankers May Lose a Voice As Bank, Thrift Trade Groups Agree to Merge

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HUD Urges Congress to Authorize Zero-Down Programs as an Alternative to Seller-Funded Gifts

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Refinancing Makes a Comeback in 2007; Still Plenty of Room for Cash-Out Deals

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