In recent weeks, several mortgage companies that specialized in risky home loans have stopped making loans, shut down or encountered other distress. (nytimes.com)
The largest publicly traded U.S. home and auto insurer sued Morgan Stanley and other lenders in 2011, alleging they sold packages of risky home loans while claiming they conformed with «conservative» underwriting standards.» (nreionline.com)
Lenders will continue to shy away from risky home loans according to Australia's largest lender» mortgage insurer, Genworth Mortgage Australia. (afr.com)