Moody's Investors Service has downgraded the ratings of two classes of Commercial Mortgage Asset Trust, Series 1999-C2 and upgraded the ratings of four classes in that deal.Moody's downgraded the rating of classes M and N to Caa1 from B3 and to Ca from Caa2, respectively, and upgraded the ratings of classes D (to Aaa from Aa1), E (to Aa3 from A1), F (to A2 from A3) and G (to Baa2 from Baa3). Other ratings in the deal were affirmed.
Lenders are still sending files to their secondary market partners with missing or misplaced documents, affecting how the collateral is viewed and priced.
The brokerage boss settled litigation with ex-business partner Mat Grella which involved private aviation, luxury cars and a separate six-figure judgment.
The median down payment for a potential Gen Z homebuyer is well below the amount the three older generations are looking to make, a LendingTree study found.
House Republicans floated discussion legislative drafts aimed, in part, at strengthening the Federal Home Loan Banks' role providing liquidity to the financial system.
More than 80% of lenders are evaluating AI tools across their businesses, yet only 17% have deployed the technology in live production workflows.
Equity levels grew to start 2026 after pulling back to end last year, as older homeowners increasingly say they prefer to remain in place rather than downsize.
