Two certificates from CSFB manufactured housing pass-through certificates series 2002-MH3 have been downgraded by Moody's Investors Service.Class M-2 was downgraded from A2 to Baa2, and class B-1 was downgraded from Baa2 to Ba3. The transaction is backed by manufactured housing loans originated by CIT Group/Sales Financing Inc., and Moody's said performance has been weaker than expected. Moody's can be found online at http://www.moodys.com.
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.
The Federal Housing Administration's demonstration project would allow payments to be deferred without placing a subordinate lien on a primary mortgage.
HUD found financial mismanagement, inadequate fraud controls, false certifications and improper payments within the Virgin Islands Housing Finance Authority.
As non-QM lending keeps growing, RiskSpan says its new tool gives lenders and investors a better way to judge borrower risk
