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Subprime Mortgage News

Last Updated Monday, May 06, 2002 09:33 AM CST


Nonprime and Subprime News
Coverage of Alternative 'Alt-A', subprime and home equity lenders. Loan production reporting for largest nonprime mortgage lenders. Analysis, studies, lawsuits and other industry insight.


National Home Equity
Mortgage Association
National Center for
Home Equity Conversion
Association of Community
Organizations for Reform Now



Conseco-Related Issues Upgraded
Last week's subprime mortgage ratings actions
MortgageDaily.com February 27
Legal Options

Last week's subprime mortgage ratings actions
MortgageDaily.com February 22
She's Breaking Up

Last week's subprime mortgage ratings actions
MortgageDaily.com February 12
Superior Bank's failure largely blamed on bank managers
Problems with subprime lending practices were compounded by use of flawed accounting and inflated asset values, which were upheld by Ernst & Young
SFGate.com February 7
4th quarter high CLTV ratings actions fall due to lower purchase activity

Subprime mortgage ratings actions for last week
MortgageDaily.com February 5

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Copyright © 2002 MortgageDaily.com


2.28.02
Not clear whether rising subprime RMBS delinquency will continue, S&P says
02.26.02
California says Household has informed the state of compliance with January settlement
2.26.02
Tips For Home Equity Loan Customers
2.21.02
Saxon Prices $900 Million Mortgage-Backed Securitization
2.19.02
RFC's $1.9 billion January subprime ABS Issuance 2nd largest in history
2.15.02
New Century To Re-establish Servicing Unit
2.11.02
RFC ABS Issuance $26.4 Billion; HEL Record Issuance Volume of $10.9 Billion
2.7.02
ACORN Files Class Action Against Household
2.6.02
Strong pipeline, low rates to propel RMBS issuance in 1st half of 2002
2.6.02
New Century Funds Record $845 Million During January
2.4.02
Fed survey says cashout refis up & half of respondent banks make subprme loans