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 ...
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 ...
*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.
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 ...
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