new first to implement "new guidelines" / "kreditrichtlinien"
nun scheint es aber das einer der ersten "new century financial" diese leitlinien auch ernsthaft umsetzen will.
after the guidelines were released i have had doubts that they will be implemented. http://immobilienblasen.blogspot.com/2006/10/lending-guidelines-kreditrichtlinien.html now "new century financial" is the first player that will follow the guidelines.
mehr zu new/more on new
http://immobilienblasen.blogspot.com/2006/08/fleckenstein-zu-csco-pension-crunch.html, http://immobilienblasen.blogspot.com/2006/08/subprime-in-trouble.html, http://immobilienblasen.blogspot.com/2006/09/nightmare-mortages-business-week-cover.html, http://immobilienblasen.blogspot.com/2006/08/new-century-financial-new.html
39.33 1.83 (4.45%)
New Century Financial Corporation to Adopt Additional Lending Best Practices Designed to Enhance Fair and Informed Access to Credit http://biz.yahoo.com/prnews/061012/lath070.html?.v=78
"In light of recent regulatory guidance and the changing interest rate and housing environment, we have reevaluated our programs and practices and developed enhanced policies and techniques to reinforce our goal of providing fair and informed access to credit
rest of the story and more info from the great blog paper-money http://paper-money.blogspot.com/2006/10/new-era-for-new-century.html
letztendlich denke ich das unterm strich nur der mbs markt die broker und kreditgeber zur vernunft zwingen kann.
in the end it is the mbs marketr that will force the brokers and lenders to tighten their standarts.