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A portion of the proceeds from the offering, announced days following its IPO filing, will go toward the repayment of its mortgage servicing facility.
January 13 -
The industry is now likely to top 2019's nearly $16 billion in premiums written.
December 14 -
If the tally included loans with some form of payment relief, the rate would be close to 8%.
October 5 -
Delinquencies will rise due to the severe effects of the pandemic on the commercial property sector, Fitch said.
September 30 -
Some of the cures were the result of short-term remedies and could reverse as relief measures end.
September 10 -
Borrowers will likely have to put more assets on the line to get forbearance extensions.
August 13 -
For banks with assets between $10 billion and $100 billion, the average exposure is 165% of capital.
June 24 -
The firm also predicts that the coronavirus pandemic will delay the GSEs' release from government control.
June 3 -
Fitch assumes a significant spike in defaults over the next few months, as well as declining new issuance volume during the second and third quarters of 2020, fewer maturing loans and fewer resolutions by special servicers.
April 9 -
Title underwriters won’t be hit as hard by the coronavirus as other insurers, but related economic changes will challenge them, Fitch Ratings said, in assigning a negative outlook to the sector.
March 26