Alt-A

But per the latest 10Q, 99% of CIM's non-agency mortgages are classified as Alt-A, which have some of the best risk-reward profile among all mortgages.

unknown title 2011

Those dealers have until 1 p.m. on Wednesday to submit bids on the securities, which are backed by subprime and so-called "Alt-A" home loans issued between 2005 and 2007.

Fed Will Auction Securities From AIG Bailout This Week Serena Ng 2011

The note said most of the so-called Alt-A bonds were well-bid, but the weakest subprime bonds did not sell.

'Fatigue' Over Fed's Maiden Lane Auctions Anusha Shrivastava 2011

During the housing boom, IndyMac specialized in so-called Alt-A loans, for which borrowers often had to produce little evidence of income or assets.

FDIC Draws IndyMac Rebuke Patrick Fitzgerald 2012

The cases brought Friday could be complicated by the fact that there weren't widely accepted definitions about what constituted a subprime or so-called Alt-A mortgage, a category between prime and subprime that allowed for borrowers to provide little or no documentation of their incomes.

SEC Brings Crisis-Era Suits Nick Timiraos 2011

In addition, the Company owned a total of seven collateralized mortgage obligations and asset-backed securities approximating $2.1 million classified as Alt-A which is a credit category between prime and subprime.

unknown title 2011

Regulators are focusing on the way both companies reported their subprime mortgage portfolios and concentrations of loans extended to borrowers who offered little documentation, also known as Alt-A loans.

NYT > Home Page By BEN PROTESS 2011

At the time, Fannie's executives were trying to expand the company's market share by buying up more subprime and so-called Alt-A loans, the SEC said.

Washington Post: Breaking News, World, US, DC News & Analysis David S. Hilzenrath 2011

It took a couple of hours before I became aware of what had precipitated the slide: Moody’s had downgraded to junk-bond status portions of fifteen different mortgage-backed debt issues that we had packaged and underwritten, including some so-called Alt-A bonds, a designation that was supposed to indicate solid quality and safety.

The Rise and Fall of Bear Stearns Alan C. Greenberg 2010

It took a couple of hours before I became aware of what had precipitated the slide: Moody’s had downgraded to junk-bond status portions of fifteen different mortgage-backed debt issues that we had packaged and underwritten, including some so-called Alt-A bonds, a designation that was supposed to indicate solid quality and safety.

The Rise and Fall of Bear Stearns Alan C. Greenberg 2010