TITLE

Credit crunch fears are mostly scare stories

PUB. DATE
August 2007
SOURCE
Mortgage Strategy;8/13/2007, p29
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article analyzes whether there is a basis to the fears of credit crunch in the mortgage industry in Great Britain. These fears arise from the problems in the housing sector in the U.S. However, the author opines that this reaction is unfounded and is only based on scare stories. There is little fundamental credit weakness in the British housing market. In fact, analysts find reasons for investors to be confident about in the market.
ACCESSION #
26272663

 

Related Articles

  • Pricing Market-Specific Bubbles. Follain, James R.; Sklarz, Mike // Mortgage Banking;Oct2005, Vol. 66 Issue 1, p158 

    Discusses a specific metric to quantify concerns about the occurrence of housing-price decline in some areas in the U.S. Proposal of the use of a credit-risk spread; Expectation of authors of larger credit spreads in markets with the most house-price uncertainty and highest probabilities of...

  • Mortgage Lenders Files for Bankruptcy.  // American Banker;2/7/2007, Vol. 172 Issue 26, p17 

    The author reports that regulators ordered Mortgage Lenders Network USA Inc. to close its loan-origination business in nine states. The company makes home loans to people with poor credit. Mortgage Lenders is one of at lease five subprime lenders to close down due to a slowing housing market and...

  • Stochastic House Appreciation and Optimal Mortgage Lending. Piskorski, Tomasz; Tchistyi, Alexei // Review of Financial Studies;May2011, Vol. 24 Issue 5, p1407 

    We characterize the optimal mortgage contract in a continuous-time setting with stochastic growth in house price and income, costly foreclosure, and a risky borrower who requires incentives to repay his debt. We show that many features of subprime loans can be consistent with properties of the...

  • It Is Time for the GSEs' MBS to Also Provide Loan-Level Data. Sinnock, Bonnie // National Mortgage News;3/12/2012, Vol. 36 Issue 24, p5 

    The article reports on the time for the Government-sponsored enterprise's (GSE's) mortgage-backed securities (MBS) to provide loan-level disclosure for the analysis of credit risk, which is sold directly to investors.

  • Radian's Moment. HEWITT, JANET REILLEY // Mortgage Banking;May2013, Vol. 73 Issue 8, p54 

    The article discusses the company profile of Philadelphia-based Radian Group Inc. It informs that company has its operations range in mortgage insurance and also focused at credit risk insurance. It further details that stock analysts following company's policies are satisfied with result and...

  • Spanish Paper Glut Could Send Spreads Wider. J. G. // Asset Securitization Report;8/6/2007, Vol. 7 Issue 31, p20 

    The article reports on the outnumbered subprime loans for Spanish RMBS (Residential Mortgage-Backed Security) that resulted to poor economic performance in Spain. According to the international credit rating analysis, Fixed Ratings that the market slowdown is unsustainable due to the yearly...

  • Fannie Preps First Actual-Loss CAS Deal. Bisbey, Allison // National Mortgage News;10/26/2015, Vol. 40 Issue 5, p1 

    The article reports that finance firm Fannie Mae's Connecticut Avenue Securities (CAS) is first exposure of actual losses on its residential mortgages; and mentions that CAS are subject to credit risk of loans on mortgage backed securities that are insured by government-sponsored enterprise.

  • Freddie Mac Debuts Risk Transfer on Reperforming Mortgages. Bisbey, Allison // Structuredfinancenews.com;12/21/2016, p1 

    Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2016-1 is a securitization of $943.5 million of mortgages to borrowers who were once delinquent but have been modified and have been making timely payments for at least 37 months.

  • MBS Risk Management Gap. Adams, John // American Banker;10/18/2012, Vol. 177 Issue 161, p5 

    The article looks at financial risk associated with U.S. mortgage-backed securities (MBS) as of 2012. It reports that some categories of mortgages are not well-vetted in terms of credit risk when bought and bundled into MBSs. Topics include credit risk technologies and nonagency mortgages, or...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

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

Try another library?
Sign out of this library

Other Topics