Latest News
December 3, 2008 – Fitch Ratings said it will now seek and evaluate third-party loan-level reviews on all residential mortgage pools it is asked to rate.
December 3, 2008 – Mortgage Network, Danvers, Mass., has temporarily suspended its wholesale and correspondent originations.
December 3, 2008 – Moody's Investors Service is modifying the two supplemental measures to its structured finance ratings that it introduced earlier this year.
More
Features
November 28, 2008 – The U.S. Department of the Treasury and the Federal Reserve announced a program meant to inject liquidity into the beleaguered financial system.
November 28, 2008 – Mission Capital Advisors, a residential, commercial and consumer loan sale advisor, is one of the few firms to close deals in the paralyzed marketplace.
November 28, 2008 – The fallout in the ABS and MBS markets has triggered the development of a new trend: structured finance professionals lending their expertise to asset management shops.
November 28, 2008 – November remittance reports showed continuing performance deterioration, which was largely expected by Street analysts, though still dramatic.
More