Midwest Takes Lead In Mortgage Prepayment Speeds, Merrill Report Says
- Merrill releases new prepay model for fixed-rate MBS. Sibayan, Karen // Asset Securitization Report;10/21/2002, Vol. 2 Issue 41, p12
Reports the launching of a prepayment model for fixed-rate residential mortgages by the capital firm Merrill Lynch in the U.S. Incorporation of the loan size factor in the methodology of the model; Explanation of the model by Merrill analyst Akiva Dickstein; Abilities of the model to use...
- BANKING. Isaac, Peter // Chartered Accountants Journal;Apr2001, Vol. 80 Issue 3, p76
Presents news updates on banking in New Zealand as of April 2001. Limited activity of the banking industry; Departure of Merrill Lynch from New Zealand; Plans of the government to intervene in the first-home mortgage business.
- Merrill Lynch Ready to Be a Subprime Player. Bergquist, Erick // American Banker;3/21/2002, Vol. 167 Issue 55, p11
Reports on the creation of units for purchase and security of loans by Merrill Lynch and Co. Inc. Competence of the company in the mortgage market; Recruitment of additional executives; Advantages in managing subprime loans.
- Merrill, Granite Reach $6M Settlement. // American Banker;3/21/2003, Vol. 168 Issue 55, p20
States that Merrill Lynch & Co. agreed to pay about $6 million to settle a dispute over the sale of mortgage bonds posted as loan collateral by Granite funds of David Askin. Background on the case and the ruling that Merrill's sale was improper.
- Merrill Lynch compares IO and subprime loan performance. DeRita, Megan // Asset Securitization Report;6/19/2006, Vol. 6 Issue 24, p14
The article discusses the results of Merrill Lynch's analysis of interest only (IO) and subprime loan performance, published in a report, entitled "Interest Only Mortgages: Separating Myths from Reality". According to Merrill Lynch, there is no major difference between IO mortgages and other...
- Merrill Lynch: No 'Sizzle' in Mortgage Outlook. // National Mortgage News;1/10/2005, Vol. 29 Issue 16, p6
Focuses on the outlook for mortgage companies in 2005, according to equity analysts at Merrill Lynch. Continuation of moderate trends in 2004; Possibility of a decline in total mortgage lending volume, which will trigger increased competition among originators; Positive trends for mortgage...
- ResMAE Goes Bankrupt, Cites Buybacks. Muolo, Paul // National Mortgage News;2/19/2007, Vol. 31 Issue 21, p1
The article reports on the filing for bankruptcy protection by ResMAE Mortgage, which allegedly leaves behind several creditors including Merrill Lynch. The company's Chapter 11 filings reportedly stated that Merrill Lynch has purchased $3.5 billion in subprime loans from the lender last 2006...
- Merrill Lynch Offers 'Blended Rate' Loan. // National Mortgage News;5/31/2004, Vol. 28 Issue 36, p3
Announces Merrill Lynch's launching of the "blended rate mortgage," an adjustable-rate home financing product. Combining the advantages of an adjustable-rate mortgage with the lower risk of fixed-rate loan options.
- Mortgage Bankers and Brokers. // njbiz;2003 Book of Lists, Vol. 16 Issue 27, p130
Presents a tabular representation of the top mortgage bankers and brokers in New Jersey ranked by net tangible capital as of December 2001. Merrill Lynch; Southern Star Mortgage; Allied Mortgage Capital; Greenpoint Mortgage Funding; Chase Manhattan Mortgage.
- In brief. Seiberg, Jaret; Fraser, Katharine; Hochstein, Marc // American Banker;3/11/1999, Vol. 164 Issue 47, p26
Presents news on banks in the United States for March 11, 1999. Court decision over the credit union case of the American Bankers Association; Resignation of J. Arthur Urciuoli as executive of Merrill Lynch; Decrease of mortgage applications for the week ending March 5.