Fitch Ratings has assigned Imperial Capital Bank an SBSS3 special servicer rating for small-balance commercial products.Fitch said the rating is based on the company's ability to work out, resolve, and dispose of small-balance commercial mortgage loans and real-estate-owned properties. Fitch also affirmed Imperial Capital's primary servicer rating of SBPS3 for small-balance commercial loans. Fitch rates commercial servicers on a scale of 1 to 5, with 1 being the highest rating. Imperial Bank, based in La Jolla, Calif., can be found online at http://www.imperialcapitalbank.com.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
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The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
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The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




