Irvine-based Impac Mortgage Holdings Inc. said Tuesday it plans to stop funding loans known as Alt-A a day after rival American Home Mortgage Investment Corp. filed for bankruptcy protection. Alt-A ...

The data suggest that First Magnus contributed to the nationwide proliferation of subprime and limited-documentation, "Alt-A," loans, which led to this year's mortgage crisis and in turn brought about ...

The mortgage industry has evolved. The conventional mentality that rates alone drive business is no longer the case with today's borrowers. With the influx of self-employment, less job stability and ...

NEW YORK (Reuters) - The spectacular collapse of the U.S. subprime mortgage may be about to play out among higher quality "Alt-A" loans if a plan goes ahead to create an index that allows investors to ...

NEW YORK, Aug 3 (Reuters) - Wachovia Corp. , the fourth-largest U.S. bank, on Friday said its Vertice lending unit has temporarily stopped making "Alt-A" home loans, a day after the company stopped ...