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 ...

*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. Defaults are increasing among Alternative-A mortgages, which generally fall between conventional and subprime home loans, a St.

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, June 26 (Reuters) - Delinquency rates are rising for so-called "Alt-A" home mortgages held by U.S. borrowers who are rated above the subprime category but below the more pristine prime ...

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 ...

BOCA RATON, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), announced today that its joint venture, Newtek-TSO II Conventional Credit Partners, LP (“Newtek-TSO” ...