Fitch Ratings has announced the addition of manufactured housing-related transactions to its RMBS Deal Tracker, a Web-based product that identifies original collateral attributes for Fitch-rated residential mortgage-backed securities and mortgage-related asset-backed securities.RMBS Deal Tracker, a downloadable Excel-based spreadsheet, is now available for Fitch-rated subprime, manufactured housing, prime jumbo A, and select alternative-A deals, the rating agency said. Data points provided by the product include average balance, loan-to-value and FICO distributions, property type, occupancy type, documentation type, geographic distribution, and credit enhancement levels. Fitch said it is the first rating agency to offer such a product.
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In line with broader trends, the GSEs have been putting new limitations on forbearance and putting more of an emphasis on mods.
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AnnieMac Home Mortgage will pay 171,074 customers impacted in a 2024 hack, making it the fourth lender in recent weeks to end a class action suit over a breach.
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Fannie Mae and Freddie Mac are under directives to make mortgage-backed securities purchases that can exert downward pressure on rates or limit increases.
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The Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency issued a joint notice of proposed rulemaking for the Community Reinvestment Act that would tailor requirements for smaller institutions and monitor which groups receive community development grants.
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