AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Default Risk on Non-Conforming Loans Keeps Rising.(Brief Article)
The risk of default on newly originated, nonprime credit quality mortgage loans rose slightly this summer, according to a quarterly analysis done by University Financial Associates. The firm's Default Risk Index for the summer of 2003 rose to 103 from 102 the previous quarter. A reading of 100 reflects the average risk of default on nonprime loans originated during the 1990s.
"The index has been flat for over a year because falling interest rates, which reduce payment burdens for borrowers, are offsetting the eroding prospects for the underlying housing collateral," said Dennis Capozza, professor of finance at the University of Michigan and a principal in UFA.
Under current economic conditions, ...
- Default Risk on Nonprime Loans Called 'Steady' in First Quarter.
- News wire article from: Mortgage Line July 16, 2004 700+ words
...Nonprime Mortgage Report default risk index for the spring...the 1990s. While the default risk index shows deterioration...these trends causes the default risk to be moderate...shock. Copyright 2004 Thomson Media Inc. All Rights Reserved...
- Is there default risk in agency MBS?
- Newspaper article from: Asset Securitization Report Sibayan, Karen July 7, 2003 700+ words
...Deutsche Bank calculated the default risk in this sector, and concluded...Deutsche measured agency MBS default risk by taking into account the increased...perspective." Copyright 2003 Thomson Media Inc. All Rights Reserved. http...
- Subprime Default Risk Inches Up.
- Magazine article from: National Mortgage News June 16, 2003 700+ words
...by the company. The company's Nonprime Mortgage Report default risk index for the spring of 2003 is 103, indicating a risk level...eligible for sale to Fannie Mae and Freddie Mac. Copyright 2003 Thomson Media Inc. All Rights Reserved. http://www.thomsonmedia...
- Report: Default Risk Holding Steady.
- Magazine article from: National Mortgage News Cornwell, Ted March 11, 2002 700+ words
...University Financial Associates. The Nonprime Mortgage Report Default Risk Index for Winter 2002 rose fractionally to nearly 99 from...opposing effect, reducing loan payments. Copyright c 2002 Thomson Media. All Rights Reserved.
- B&C Default Risk Remains at High Level.(Brief Article)
- Magazine article from: Mortgage Servicing News April 1, 2003 700+ words
...he said. In the winter of 2003, the UFA's nonprime default risk index rose to 105, from a revised reading of 103 in the...originated during the entire decade of the 1990s. Copyright 2003 Thomson Media Inc. All Rights Reserved.
- B&C Default Risk Still at High Level.
- Magazine article from: National Mortgage News March 10, 2003 700+ words
...he said. In the winter of 2003, the UFA's nonprime default risk index rose to 105, from a revised reading of 103 in the...borrower, loan and collateral characteristics. Copyright 2003 Thomson Media Inc. All Rights Reserved.
- No Significant Growth in Default Risk Since 1999, Fitch Update Says.
- Magazine article from: The Bond Buyer Briggs, Amanda June 23, 2003 700+ words
...October 2002, reveals few meaningful changes in overall default risk. Although overall credit quality declined -- Fitch's...June 2001 and November 2002, respectively. Copyright 2003 Thomson Media Inc. All Rights Reserved. http://www.thomsonmedia...
- Default Risk on New Nonprime Loans Has Risen in Recent Years.(Brief...
- Magazine article from: Origination News October 1, 2002 700+ words
Summer 2002: 107 Summer 2001: 97 Winter 1999: 80 Source: University Financial Associates Nonprime Mortgage Report. A reading of 100% equals average risk for loans originated in the 1990s. Copyright c 2002 Thomson Media. All Rights Reserved.
