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Bear Stearns, IndyMac Say Subprime Woes Won’t Spread (Update2) 
March 29 (Bloomberg) — Bear Stearns Cos., the biggest U.S. underwriter of mortgage-backed bonds, said the surge of defaults in subprime home loans won’t spread to other parts of the mortgage market, and IndyMac Bancorp Inc. said losses from more creditworthy customers are far below industry averages.
Source: www.bloomberg.com

Clinton wants stricter loan standards 
Sen. Hillary Rodham Clinton said Saturday she favors stricter home loan standards, clearer mortgage documents and better counseling for borrowers to stave off delinquencies and foreclosures.
Source: news.yahoo.com

Fitch Initiates ‘RPS3-’ Subprime Servicer Rating For Walter Mortgage Company 
NEW YORK—-Fitch Ratings has initiated rating coverage on Walter Mortgage Company by assigning its ‘RPS3-’ residential primary servicer rating for subprime product. The primary servicer rating reflects Walter’s seasoned management team, adequate loan administration procedures, and competent default management practices.
Source: biz.yahoo.com

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