Fitch Ratings has downgraded 1,186 bonds in 871 residential mortgage-backed securities transactions that have experienced principal writedowns. Fitch said it had issued ratings in the case of all the downgraded bonds that indicated defaults were expected. Subprime credit collateral backed 290 of the downgraded, 286 were backed by prime credit collateral, 275 were backed by alternative-A credit collateral, and the 20 remaining were other unspecified types of transactions.
Fast tracking closing and funding is the critical differentiator among lenders, the 2026 Mortgage-Home Equity Scorecard report from Keynova found.
Close to one in four homeowners are currently making additional payments toward their mortgage principal beyond the monthly amount due, according to Rocket.
The latest investor statements show the persistence of a trend in which one vintage has a higher rate of distress than others, Morningstar DBRS finds.
The annualized new single-family home sales pace, an indicator of the U.S. Census Bureau's New Residential Sales report, declined in three of the last four months.
Despite Treasury intervention to calm bond yields, persistent deficit pressure continues to trap mortgage rates, keeping application volume flat and squeezing origination revenue.
Kastle lands another high-profile client, SWBC adds insurtech to its servicing platform, while other mortgage lenders also embark on new partnerships.