Option One Hits Big Time With NIM ABS

O'Leary, Christopher
May 1999
Private Placement Letter;05/10/99, Vol. 17 Issue 19, p4
Presents information on the securitization of the net-interest margin (NIM) holdings of Option One Mortgage Corp. Investors' reception for the deal; Risks of NIM deal; Its advantages.


Related Articles

  • Market: $5 Billion in Ford paper pushes volume past $11b.  // Asset Securitization Report;7/23/2001, Vol. 1 Issue 29, p10 

    Takes a look at asset-backed primary market transactions in the United States for the week ended July 22, 2001. Deals by Ford Motor Credit, Option One Mortgage and American Honda Finance; Household Finance's deal in the subprime automobile sector.

  • Field unit discontinues overages on loans to the credit impaired. Hornblass, Jonathan S. // American Banker;6/9/1995, Vol. 160 Issue 110, p8 

    Reports on a decision by Fleet Financial Group Inc.'s Option One Mortgage Co. to discontinue its practice of paying mortgage brokers above-normal fees. Reexamination of use of overages by other banks amid mounting pressure from banking regulators; Option One's response to lawsuits filed against...

  • Option One Poised to Grow.  // Mortgage Servicing News;Feb2002, Vol. 6 Issue 1, p1 

    Reports the selection of servicing chief by Option One company in Irvine, California. Management of the growing base of receivables of the company by the servicing chief; Type of servicing chief the company required; Appointment of search firm to select the servicing chief.

  • Option One Licenses FORTRACS Technology.  // National Mortgage News;3/24/2003, Vol. 27 Issue 26, p13 

    Reports that Option One Mortgage Corp. has licensed London Bridge's default management product, FORTRACS. Enhancements to the BridgeLink electronic services network; Default integration services; Origination and acquisition of nonprime products.

  • 90% NJ Drop For Option 1? Muolo, Paul // National Mortgage News;11/10/2003, Vol. 28 Issue 9, p1 

    Reports on the decline in the production volume of Option One in New Jersey. Provisions of the Home Ownership Security Act; Influence of rating agencies on the business of subprime lenders; Reduction in predatory lending.

  • Option One Adds Wholesale Staff.  // National Mortgage News;12/15/2003, Vol. 28 Issue 13, p15 

    Reports on the expansion of the wholesale business unit of Option One Mortgage Corp. Promotion of branch managers; List of branch managers promoted.

  • STEPS TO GOOD CREDIT. Dymi, Amildam // National Mortgage News;9/3/2001, Vol. 25 Issue 48 

    Reports developments in the mortgage lending industry in the United States as of September 2001. Accounts on subprime mortgage industry; Presentation of data depicting the subprime lending volume leaders; Creation of an Alliance Division for Option One Mortgage Corp.

  • Option One bucks sub-prime downturn. Coleman, Murray // Orange County Business Journal;02/21/2000, Vol. 23 Issue 8, p3 

    Highlights the plan of Option One Mortgage to hire 275 additional employees in Orange County, California. Expansion of operations in Irvine, California; Sub-prime lender's signing of five-year lease at Irvine Center Drive; Need for additional space to accommodate five consecutive years of...

  • Option One Gets Top Marks from Moody's.  // National Mortgage News;9/24/2001, Vol. 26 Issue 1, p15 

    Reports on the attained rating of Option One Mortgage Corp. for primary servicing of B&C credit quality loans in Irvine, California. Details on the Service Quality (SQ) rating system; Amount of company portfolio; Importance of the SQ rating for customer attraction.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics