Articles > Business magazines > Finance and Accounting magazines > Mortgage Banking articles > January 2009

Article: Moody's report on FDIC, FHA loan-modification programs.(Briefing Book)

Article from:
Mortgage Banking
Article date:
January 1, 2009
Copyright

Although there is promising potential in two separate government loan-modification programs recently rolled out by the Federal Deposit Insurance Corporation (FDIC) and Federal Housing Administration (FHA), both programs still require some tweaking, according to a report by Moody's Investors Service, New York.

The Moody's report--The Impact of FDIC's and FHA's Mortgage Loan Rescue Programs on RMBS Loss Expectations--notes that the FDIC's new loan-modification program may, if successful, eventually reduce cumulative losses for mortgage loans underlying U.S. residential mortgage backed-securities (RMBS).

Another program--FHA's HOPE for Homeowners ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: MOODY'S MODIFIES BACKED-AAA RATINGS CRITERIA FOR ...
Info-Prod Research (Middle East);  April 12, 2009 ;     700+ words ... ... recent changes the FDIC has made to the Debt ... Program (TLGP). Moody's first announced ... The modifications Moody's has made include ... backed-Aaa ratings to FDIC guaranteed mandatory ... October 31, 2009 Moody's will assign backed ... expiration of the FDIC guarantee on December ...

Article: USA: MOODY'S MODIFIES BACKED-AAA RATINGS CRITERIA FOR ...
IPR Strategic Business Information Database;  April 12, 2009 ;     700+ words ... ... recent changes the FDIC has made to the Debt ... Program (TLGP). Moody's first announced ... The modifications Moody's has made include ... backed-Aaa ratings to FDIC guaranteed mandatory ... October 31, 2009 Moody's will assign backed ... expiration of the FDIC guarantee on December ...

Article: In Brief: FDIC: Not All Early Pay Provisions Void.(Federal ...
American Banker;  February 19, 2002 ;     646 words ... ... issued Feb. 13, the ratings agency Moody's said the FDIC had denied investors the right to ... service report to mean that the FDIC had declared early redemption terms ... in the event of a bank failure. FDIC General Counsel William Kroener ...

Article: FDIC Taps Lehman to Manage Offering
Commercial Mortgage Alert;  October 21, 1996 ;     653 words ... ... Sachs was named co-manager. FDIC first talked about securitizing ... debated the best way to proceed. Now FDIC has decided to securitize the portion ... The transaction will be rated by Moody's and Duff. FDIC is being advised by Koch Asset ...

Article: FDIC Orders Purdum, Neb., Bank to Proceed with Caution ...
Knight Ridder/Tribune Business News;  August 21, 2002 ;     583 words ... ... progress toward meeting the FDIC's standards. The FDIC oversees banks that use its deposit insurance. Moody said changes at the bank will ... Department to meet the terms of the FDIC order. Moody said the bank's capital has ...

Article: Cerberus Application May Renew ILC Tensions: Without moratorium, ...
American Banker;  June 24, 2008 ;     700+ words ... ... Cerberus has applied to the FDIC for the right to retain the ... firms to control an ILC. "The FDIC has to be giving consideration ... Mark Wasden, an analyst with Moody's Investors Service Inc. If the FDIC ruled in Cerberus' favor ...

Article: GMAC Chief on Deposits, FDIC, Critics.(Mortgages)(General ...
American Banker;  November 10, 2009 ;     700+ words ... ... difference of opinion" with FDIC officials about whether Ally ... analysts last week that the FDIC forced it to transfer $5 ... and senior credit officer at Moody's Investors Service Inc., said the FDIC's intervention on deposits ...

Article: NextBank Tab Getting Even Bigger For FDIC.
American Banker;  July 3, 2002 ;     700+ words ... ... Predicting that the FDIC would be left holding ... amp; Poor's and Moody's Investors Services ... now unlikely that the FDIC will find a purchaser ... trust receivables," Moody's said in a press statement. The FDIC is breaking new ground ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives