Class M of Bear Stearns Asset Backed Securities Inc. series 2003-ABF1 has been placed on Rating Watch Negative by Fitch Ratings.The rating agency also affirmed the rating on one other class in the deal. Fitch attributed the negative rating action to the fact that the payment of principal and interest is guaranteed by Radian Asset Assurance Inc., which has been assigned a negative outlook by the rating agency.
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.
Lenders are still sending files to their secondary market partners with missing or misplaced documents, affecting how the collateral is viewed and priced.
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.
