Five classes of Credit Suisse First Boston Mortgage Securities Corp.'s multifamily mortgage pass-through certificates, series 1995-M1, have been removed from Rating Watch Negative by Fitch Ratings.The affected classes were as follows: classes C, D, E, F-1, and F-2. The ratings on six classes of the series were affirmed. Fitch said the rating actions stemmed from the repayment of interest shortfalls to classes C, D, and E.
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
