Fitch: Alt-A Mortgages Deteriorating More Rapidly than Expected

Analysts at Sandler O’Neill wrote that Citi’s hefty additions to loan loss reserves "implies that the outlook for U.S. consumer credit is deteriorating more rapidly than we expected."

Mortgage Backed Securities: Its a trap! Loan Modification Push Will Affect Securitized Mor. Fitch: Alt-A Mortgages Deteriorating More Rapidly. Nearly $2 Trillion in Home Values Lost This Year; Fannie Mae Lets Renters Stay Despite Foreclosures; Mr Mortgage’s Case For mortgage principal reductio. goldman sachs sued Over MBS Deals

Fitch: Not All Alt-A Created Equal; Prime/Subprime Tug-of-War Will Strain U.S. Alt-A RMBS. Fitch: Is the U.S. Consumer Prepared for Rising Interest Rates? Fitch: Latest U.S.’RMBS Mortgage Principles & Interest’ Discusses Alt-A & LIBOR. Fitch Teleconference: Achieving a Fitch Rating on Alt-A RMBS 11/15 2PM EST.

APAC Ports’ Tight Rating Range Show Qualitative Factors Are Key. The ports in the Asia-Pacific rated by Fitch Ratings carry ratings of either ‘BBB-‘ or ‘BBB’, but their leverage varies greatly from 2.9x to 10.2x, underscoring the importance of qualitative factors in assigning the ratings.

Collateralized debt obligation Unless the context requires otherwise, references to “we,” “us,” “our,” “AMTG” or “Company” refer to Apollo Residential Mortgage. is more favorable than forecasted, we may accrete more discount.

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The more. expected to slow further this year, with a projected growth of just 0.5%. European house price rises continue unabated. In fact, half of the 10 strongest housing markets in our global.

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than expected declines in home prices, higher than expected loan defaults, or other adverse developments beyond expectations. These additional stresses were included in the capital targets highlighted above. Fitch’s assessment of FGIC’s capital adequacy also incorporated existing deterioration to the company’s insured RMBS

Citing "a rapid deterioration of U.S. Alt-A RMBS performance," Fitch Ratings again took the hatchet to its previous assumptions for Alt-A mortgages on Monday morning, revising its surveillance.

While we can not make any guarantees, we continue to believe that we can successfully navigate through this cycle emerging as a stronger, more competitive company." But like many mortgage. "With.

the excesses (e.g. residential mortgages), which became prevalent leading up to the current crisis. A system that becomes too rigid and precise lays the ground for parties to "optimize" (or "game") the system. Once this process begins and activity responds to the rewards ofefficiency, the framework often begins to deteriorate rapidly. Rather than