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Alt-A Losses Outstripping Expectations, Moody’s Says

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Alt-A Losses Outstripping Expectations, Moody’s Says Moody’s has updated its loss expectations on Alt-A pools issued prior to that year. Although most of these pools have paid down significantly, the remaining loans are affected by the housing and macroeconomic conditions that remain under duress, Moody’s says.

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Average time to foreclose sets new record of 631 days Alt-A Losses Outstripping Expectations, Moody’s Says Moody’s reports that as servicers work through the bulk of their delinquencies, modifications are on the decline. Servicers are now turning to loss mitigation alternatives, including short sales and.FHFA: Completes fifth consecutive.

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Non-performing loan sales hit post-crisis high, and they’re not going away.. Fannie Mae announces winner of 11th reperforming loan sale. So how will prices fare over the next half decade? The economists at Moody’s Analytics gave MONEY their home price projections going out to 2020 for the 20 biggest metros in the country.

Moody’s last revised its loss expectations for the Alt-A sector six months ago. As of Oct. 2008, serious delinquencies for Alt-A pools – including option ARMs – averaged 20.3 percent of current balance for the 2006 vintage and 17.5 percent for the 2007 vintage, up from 16.9 and 12.2 percent six months ago.

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About 90% (of a still small sample) have beaten analysts’ earnings expectations. This included an early and. Selling those holdings might mean short-term losses for China but could bring a fresh.

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