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.
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 ...
SAN FRANCISCO (MarketWatch) -- IndyMac Bancorp nde said on Thursday that concerns about subprime mortgage problems spreading into so-called Alt-A home loans are "overblown." The company, which was the ...
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