Seven classes of J.P. Morgan Chase Commercial Mortgage Securities Trust commercial mortgage pass-through certificates, series 2007-FL1, have been placed on review for possible downgrade by Moody's Investors Service. The negative rating actions were taken against the affected classes -- RS-1, RS-2, RS-3, RS-4, RS-5, RS-6, and RS-7 -- due to a recent decline in the cash flow of the Resorts International portfolio, Moody's said. The nonpooled classes are secured by the trust junior portion of the Resorts International portfolio loan.
-
But views are split, at least in the near-term on whether rising mortgage rates are holding back the Spring home purchase season.
22m ago -
The top five producers had an average dollar volume of FHA loans of more than $50 million in 2023.
2h ago -
The tool will provide helpful HELOC-related information to customer support staff to streamline the application process, Figure said Thursday.
4h ago -
The five states with the lowest property taxes have an average effective real-estate tax rate of 0.44%.
7h ago -
Ohio-based Liberty Home Mortgage joins several companies who started using a more modernized FICO credit score for nonconforming mortgage originations recently.
April 17 -
The CFPB has dissolved the Office of Supervision, Enforcement and Fair Lending and eliminated the job of associate director in a move that impacts how it designates nonbanks for supervision.
April 17