Suffered through "Sub-Prime"? Hang-on for Alt-A, Helocs and Prime Jumbos!

The US mortgage information site "Housingwire", linked here, makes pretty gloomy reading reporting stunning delinquencies and concluding: While cumulative losses in prime jumbos haven’t yet reached levels that should immediately concern investors, the speed with which even prime jumbos are now headed into delinquency is a trend that every mortgage market participant should keep a close eye on. Meanwhile the British dead tree press is only now struggling to report Britain's banks exposure to the struggling Alt-A mortgage debacle as in this report from The Guardian, linked here.