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US subprime delinquencies drop 1st time in 4 years - Reuters

April 7th, 2010 by admin
US subprime delinquencies drop 1st time in 4 years
Reuters
Mortgage defaults first spiraled up on subprime loans, based on lax lending to many high-risk borrowers. As unemployment marched up to double digits, …
Fitch: Prime RMBS Delinquencies Rise; Subprime Sees DropEasy Bourse
Subprime RMBS Delinquencies Fall for First Time in Four Years: FitchHousing Wire
Fitch: Prime RMBS Delinquencies Increase; Subprime Late-Pays FallDSNews.com

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Greenspan defends Fed’s handling of subprime mortgage market - Los Angeles Times

April 7th, 2010 by admin

Reuters
Greenspan defends Fed's handling of subprime mortgage market
Los Angeles Times
"In short," Greenspan continued in his prepared remarks, "these and other kinds of loan products, when made to borrowers meeting appropriate underwriting …
Economic Agenda: April 7, 2010Washington Post
Greenspan Defends Fed Record in Consumer ProtectionBusinessWeek
Greenspan: Don't blame working-class homebuyers for mortgage crisisAtlanta Journal Constitution (blog)
The Associated Press
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Mortgage-rate rise means borrowers’ party is almost over - Calgary Herald

April 7th, 2010 by admin

TopNews United States
Mortgage-rate rise means borrowers' party is almost over
Calgary Herald
And that segues into one of the three mortgage changes the federal government brings into force later this month. In the past, borrowers had to make enough …
Should you be concerned about new mortgage rules?Montreal Gazette
Rising Mortgage Rates Not Fed's FaultCNBC
Three mortgage lenders cut ratesWhich?
FreeRateUpdate.com -Telegraph.co.uk (blog) -Money High Street
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SEC seeks tighter rules on asset-backed securities - The Associated Press

April 7th, 2010 by admin

Globe and Mail
SEC seeks tighter rules on asset-backed securities
The Associated Press
The disclosures would include information on every underlying loan in a package. For example: What type of mortgage loan was involved? …
SEC seeks tougher rules for mortgage securitiesMarketWatch
SEC May Make Asset-Backed Debt Sellers Retain RiskBusinessWeek
SEC Seeks Tighter Rules on Asset-Backed SecuritiesWall Street Journal
Atlantic Online (blog) -DailyFinance -Reuters
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