Alt A loans are somewhat in-between prime and subprime mortgages on the risk scale.
They consistently rated shares in securitized pools of mortgages, even subprime and Alt A mortgages, as AAA, causing the downfall of major financial institutions.
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First, new foreclosures are still coming in huge numbers, thanks to record levels of negative equity (around one in five homeowners with a mortgage), and Alt-A mortgage resets still haven't peaked.
As a regulator, Bair asked how much exposure the banks under her aegis had in subprime and Alt-A mortgages, which were the riskiest loans to make.
The complaint also says that Fannie listed its exposure to higher-than-normal-risk Alt-A loans by nearly half.
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Finally, the value of subprime and Alt-A mortgage bonds has soared in secondary markets this year, assuaging investor anger.
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The company spent the quarter trying to limit its exposure to alt-A mortgages, subprime mortgages, commercial real estate and leveraged loans.
More than two-thirds of its lending in that year was in Alt-A loans, a class of mortgages for borrowers who cannot document all their income and assets.
These Alt-A mortgages include loans to people with spotty credit histories and so-called "liar's loans, " which do not require borrowers to fully document income or assets on their loan application.
But even after learning about the defectiveness of the loans, Bear Stearns "went on to issue over 30 sub-prime and Alt-A securitisations that included AHM loans", says the attorney general.
Her natural targets other big banks with units that underwrote large amounts of subprime, Alt-A, or option ARM mortgage-backed securities during the housing boom include JPMorgan Chase , Royal Bank of Scotland , Wells Fargo , Deutsche Bank, Credit Suisse, Morgan Stanley , Citigroup , Goldman Sachs and Ally Financial.
For a full rundown of the various workstation configurations that'll arrive this year, ALT Systems has a site set up just for you.
In 25 years, SXSW has mushroomed from a tiny music festival run by the local alt-weekly to a ten-day extravaganza attended by some 49, 000 people that, together with spring-break traffic, causes unholy traffic jams on Interstate 35 into and out of Austin (and has turned those same editors into decidedly wealthy entrepreneurs).
After a decade of virtual alt-car segment exclusivity--a packaged goods eternity--Toyota finally has its own, genuine YoPlus thorn in its side.
Alt-week takes a look at the best science and alternative tech stories from the last seven days.
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Listen to Radiohead's 1993 debut "Pablo Honey, " for example: It's a nice alt-rock album, but it doesn't come close to suggesting how dynamic and adventurous the band would become.
To add a new line inside of a cell type Alt-Enter for Excel on PC, Option-Command-Enter for Excel on Mac, Ctrl-Enter for Google Docs on Mac.
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Molly's vocal talents include hints of Sophie Ellis Bextor whilst showing the Debbie Harry influences complimented by the bands funky bass riffs and energised drum and keyboard samples to present a layered, alt-pop rhythm that at times highlights them as The Long Blonds funkier cousins.
One hopeful sign: Thursday night's showcase at the Belmont in the Warehouse district featured a dream lineup including Alt-J, Atlas Genius, Frightened Rabbit, Guards and the Joy Formidable the kind of groups that might be associated with indie rock.
Alt-J 's debut, "An Awesome Wave" (Canvasback), mixes alt-rock, electronica, experimental a cappella vocals and folk in a clever album that zigs and zags with each track.
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The Jayhawks' members were alt-country flag-bearers back when being an alt-country flag-bearer was still a big deal.
If the icon doesn't provide a menu, press Ctrl-Alt-Delete, select the name of the tray application, and click the End Task button.
Marci Alt said she would like Chick-fil-A President Dan Cathy to meet her wife and their two children.
With its Z1, Z820 and Z620 workstations, HP is collaborating with Epic Games, Autodesk, and ALT Systems to create what they're calling a "turnkey solution" to game development workstation woes.
W. Alt at 14 Queen Victoria Street, East Central - a building no longer around after the remains of a Roman Temple found nearby were moved to the site and renamed Temple Court.
For the first time, BBC 6 Music has a stage at Latitude and will host acts including Alt-J, Modest Mouse and Beach House.
Literary alt-history is still relatively scarce, but it has begun a noticeable expansion.
One of the shrewdest alt-fuel marketing moves Toyota made early on was to create a sub-brand for its hybrid engine technology, with the Hybrid Synergy Drive badge that appears on every Toyota hybrid vehicle.
She moved to London to work the 'alt-folk' and singer-songwriter circuits, although in a fairly unfolky manner she's attracted the attention of Bauhaus's Peter Murphy and Mike Mason of Swallow (1990s 4AD act), who both speak highly of her.
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