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.
-
Retail lender Rate separately launched yet another non-mortgage brand, with outdoor saunas and other furnishings following a high-end performance wear line.
2h ago -
June purchase demand strengthened, refinances remained steady and pull-through improved, reversing May losses.
2h ago -
The move is designed to align the two Utah-based businesses under a single unique name and comes two years after the bank acquired the home lender in 2024.
3h ago -
Federal Reserve Bank of Dallas President Lorie Logan said at an event Thursday that conducting monetary policy actions through a third party would improve efficiency and make markets stronger.
3h ago -
The Rithm subsidiary plans to reduce its involvement in decentralized operations through an agreement with the American Pacific Mortgage affiliate.
5h ago -
A week after falling to its lowest point since mid-May, the 30-year fixed rate mortgage turned higher as the 10-year Treasury rose 15 basis points since June.
6h ago










