3 quick takeaways from the mortgage conference happening right now

3 quick takeaways from the mortgage conference happening right now

Tidbits from SourceMedia Mortgage Servicing conference

Stewart Information Services 1Q earnings suffer from mortgage reductions

Posts net loss of $12.1 million

New home sales plummet 14.5% in March

Spring buying season off with a whimper
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'Going to zero'

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Bloomberg reports on the continued freefall in BBB- on ABX indices, and says tightened underwriting criteria are further fueling a credit crunch in subprime lending.

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