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Subprime Mortgage Fallout
Reuters - Mortgage Bankers Association expects home sales to decline this year as lenders make it more difficult to get mortgages approved. Mortgage originators have tightened underwriting standards in response to mounting defaults and foreclosures on loans to
Source: www.reuters.com

UPDATE 1-U.S. ABS issuance falls in first half of 2007
Reuters - The decline in overall ABS issuance was led by the home equity loan sector, plagued by rising delinquencies and defaults on subprime mortgage loans that support the securities. The driver of record trillion-dollar supply over recent years, ABS backed
Source: www.reuters.com

Feds address subprime loans
San Diego Union-Tribune - U.S. banking regulators told mortgage lenders to toughen standards for subprime home loans in a belated effort to end abuses that led to a surge in defaults and the highest foreclosure rate in five years. Lenders, in most cases, should verify income
Source: www.signonsandiego.com

Fitch Rates SARM Trust $255.4MM Mortgage P-T Ctfs, 2007-6
Forbes - Group II consists of 563 adjustable-rate, conventional, first lien residential mortgage loans, substantially all of which have original terms to stated maturity of 30 years. As of the cut-off date (June 1, 2007), the mortgages have an aggregate
Source: www.forbes.com

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