Class B-4 of DLJ Mortgage Acceptance Corp.'s commercial mortgage pass-through certificates, series 1995-CF2, has been downgraded from B to CCC by Fitch Ratings.Fitch also upgraded one class in the transaction. The downgrade was attributed to expected losses on the one specially serviced loan in the pool and the increasing concentrations within the deal. Fitch said it considers 42.2% of the pool to be loans of concern. The one asset in special servicing is a real-estate-owned multifamily property in Amarillo, Texas, that accounts for 12.2% of the pool.
-
Mortgage applications rose 0.4% on a seasonally adjusted basis from one week prior for the period ending June 26, according to the MBA's Market Composite Index.
8m ago -
Homeowners accuse the home equity investment company of breaking the law for suggesting that its home equity investment product isn't a mortgage.
6h ago -
The fee hike, which also raises the cost of assumptions, is part of the House pay-as-you-go rules to support a proposed expansion of veterans benefits.
6h ago -
Mortgage fintechs are attracting investor attention and dollars with agentic AI processes in new origination-focused platforms and assistants.
June 30 -
The portfolio for sale contains hundreds of millions of dollars worth of reperforming loans that the government-sponsored enterprise co-marketed with Citigroup.
June 30 -
The S&P Cotality Case-Shiller home price index rose 0.8% year over year in April, while U.S. Federal Housing's index climbed 2%. Both indexes declined monthly.
June 30










