San Diego Mortgage Broker

Welcome to the Lord of Lending. Steve Becker is the Lord of Lending and your go-to-guy for all your real estate financing needs. Whether you are purchasing a property or refinancing, no one does it better or with more amazing gusto. Yes the LORD OF LENDING comes to the mortgage lending industry with knowldege and experience far beyond that an ordinary loan officer.

Mortgage News Headlines

MortgageDaily.com - Mortgage News Headlines
Mortgage Industry News for the Mortgage Industry

2007 Vintage Performance Far Worse Than Prior Years

Delinquency of at least 60 days on Alt-A loans backing residential mortgage-backed securities issued during 2007 and seasoned 12 months was 9 percent, according to data provided by LoanPerformance to MortgageDaily.com. Alt-A issuances from 2006 had a 5 percent delinquency rate at 12 months seasoning. For prime jumbo loans, the 2007 vintage saw 1.6 percent 60-day delinquency at 12 months' seasoning, LoanPerformance reported. That was more than double the delinquency rate jumbo issuances from 2006 saw after 12 months.

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