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News Last Updated:
Wednesday, May 14, 2008
07:16 PM Texas Time


1 Dead, 1 Acquired & Several Hurting
Recent mergers, earnings and corporate activity

Prime Wholesalers Cut Back as Commercial Gets Aggressive
Recent wholesale lending program activity

Best, Worst Mortgage Markets
CA markets face highest delinquency risk, Texas lowest

April Foreclosures Higher
RealtyTrac reports 243,353 filings last month

Alt-A Fraud Worse than Nonprime
FBI reports 46,717 SARs filed in fiscal 2007

Fannie Will Buy Negative Equity Loans
GSE will purchase up to 120% LTV refinanced loans

HUD Provides Details on Expanded FHASecure
Mortgagee Letter 2008-13

8 Lose FHA Approval
Credit Watch terminations reported

Foreclosures Ease
74,570 REOs filed during April

Technology Improves Originations
Recent mortgage technology activity

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