http://www.nationalmortgagenews.com/feeds/MSN.xml Daily headlines from Mortgage Servicing News en Copyright 2008, SourceMedia, Inc. and Mortgage Servicing News. All rights reserved. Fri, 4 Jul 2008 16:02:02 EDT andras.malatinszky@sourcemedia.com http://www.mortgageservicingnews.com/images/msn.gif http://www.mortgageservicingnews.com/ 375 78 http://www.mortgageservicingnews.com/plus/ Moody's Investors Service has downgraded Long Beach Asset Holdings Corp. CI 2006-WL2NIM notes, series 2006-WL2, class N-2, to A3 from Aa3. 2008-07-03 12:00:07 http://www.mortgageservicingnews.com/plus/ The California Reinvestment Coalition says mortgage servicers and lenders are still not working with borrowers who need loan modifications in order to keep their homes. 2008-07-03 12:00:03 http://www.mortgageservicingnews.com/plus/ Hope Now servicers helped nearly 170,000 at-risk borrowers stay in their homes in May, but they could not keep up with the record pace of workouts (185,000) completed in April. 2008-07-03 12:00:02 http://www.mortgageservicingnews.com/plus/ Mortgage companies hired 1,500 full-time employees in May, ending 14 consecutive months of workforce reductions, and it could be a sign that the jobs drain may be ending soon. 2008-07-03 12:00:00 http://www.mortgageservicingnews.com/plus/ Five classes of notes in North Street 2000-2 Ltd., a subprime mortgage-related collateralized debt obligation, have been downgraded by Fitch Ratings. 2008-07-02 12:00:13 http://www.mortgageservicingnews.com/plus/ Seven classes from six net-interest-margin securities issued by Nomura Asset Acceptance Corp. have been downgraded by Moody's Investors Service. 2008-07-02 12:00:12 http://www.mortgageservicingnews.com/plus/ Sixteen tranches issued from four transactions issued by C-BASS Mortgage Loan Asset-Backed Certificates have been downgraded by Moody's Investors Service. 2008-07-02 12:00:11 http://www.mortgageservicingnews.com/plus/ The percentage of bank home equity lines of credit that were more than 30-days past due rose 14 basis points to 1.10% during the first quarter, according to the American Bankers Association's quarterly delinquency bulletin. 2008-07-02 12:00:01 http://www.mortgageservicingnews.com/plus/ Downey Financial Corp. - which has seen its non-performing assets rise in recent months - said it has "terminated" Frederic R. McGill as president of the holding company and its thrift affiliate, Downey Savings and Loan Association. 2008-07-02 12:00:00 http://www.mortgageservicingnews.com/plus/ Reverse Mortgage Solutions, Houston, has reported the completion of a $25 million Ginnie Mae fixed-rate home equity conversion mortgage-backed securitization on which it served as issuer, servicer, and master servicer. 2008-07-01 12:00:17