Class B-1 of DLJ Mortgage Acceptance Corp.'s commercial mortgage pass-through certificates series 1997-MF1 has been placed on Rating Watch Negative by Fitch Ratings.The ratings on four other Fitch-rated classes in the deal were affirmed. The rating agency attributed the Rating Watch placement to higher-than-expected losses on four liquidated loans and losses on specially serviced loans remaining in the trust. Fitch can be found online at http://www.fitchratings.com.
The fintech's Figure Connect private credit loan exchange has grown to account for 56% of total consumer marketplace activity in early 2026.
However, for the second quarter, increased home purchase mortgage activity contributed to an industry-wide 11% increase in agency securitizations, BTIG said.
OceanFirst Financial worked with an asset manager to apply the structure to a $1.5 billion portfolio of residential mortgages.
President Dhivya Suryadevara is leaving the company shortly after assuming the job, the latest move as the company attempts to recover from an earnings slump.
Counter to prevailing narratives about rules and enforcement activity whipsawing from one administration to the next, public citations by federal banking regulators have steadily declined over the past decade — under both Democratic and Republican administrations.
Flatworld Mortgage Solutions says its former vice president breached his employment agreements by soliciting its customers as he formed a rival offshoring firm.
