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Subprime Mortgage News

Last Updated Monday, May 06, 2002 09:30 AM CST


Nonprime and Subprime News | Subprime Statistics
Stories about non-QM products. Coverage of subprime, Alt-A and
hard money lending. Home-equity loans and home-equity lines of credit.


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



Alt-A, etc.
Last week's subprime mortgage ratings activity
MortgageDaily.com April 24
Wells Fargo Q1 Production $68 Billion
Claims top home equity portfolio lender spot
MortgageDaily.com April 19
Poorly Performing Manufactured Housing Contracts
Last week's subprime mortgage ratings actions
MortgageDaily.com April 17
Citigroup 1st Quarter Mortgage Banking Income Up 24%

Income at CitiFinancial unit jumps 45% on continued efficiencies
MortgageDaily.com April 15
Subprime Banks Biggest Risk, FDIC Says
Report says specialized lenders not adequately hedged
MortgageDaily.com April 15
Longing For The Beach
Last week's subprime mortgage ratings actions
MortgageDaily.com April 10
Guilty As Charged
Former PinnFund Chief Fanghella pleads guilty
MortgageDaily.com April 3
With The Full Faith of the Government
(Sponsored Enterprise)

Last week's subprime mortgage ratings actions
MortgageDaily.com April 2
MBA's Anti-Fraud 'Good but Not Enough'
Consumer advocate says many great prospects for conforming loans wind up with predatory lenders because of marketing efforts
The Banking Channel April 1

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Copyright © 2002 MortgageDaily.com


04.30.02
Advocacy Group's Predatory Study Finds Subprime Racial Disparity Grows At Higher Income Levels
04.29.02
$267 Million Superior Subprime Loan Sale Used Online Data Images For Bidders To Perform Due Dilligence
04.25.02
Saxon earns $2 million in 1st quarter on $0.5 billion volume
04.25.02
Record $2.7 Billion 1st Quarter Production At New Century
04.24.02
$4.1 Billion Q1 Production At IndyMac, Down 8% From 1st Quarter
04.23.02
Irwin Home equity
loses $2.9 million

04.17.02
October 1st is HOEPA deadline for compliance w/extensive disclosure requirements for single premium sales
04.17.02
Household real estate portfolio increases $8.2 billion from 1st quarter 2001; sells $900 million in whole loans
04.16.02
City National Bank Provides $8 Million Credit Line For Niche Lender
04.15.02
Subprime RMBS market could be problem, but is in better shape than 2 years ago
4.08.02
Conforming, subprime RMBS ratings activity strong in first quarter
4.04.02
Nearly $1 billion March production for New Century; Raises EPS estimate
4.1.02
Lender's automated underwriting offers discounted credit reports and requires no application