-
Starter home inventory is letting up, and the growth in supply seems to be more of a market shift than a temporary change, according to Zillow.
March 28 -
Late payments on loans backing commercial mortgage bonds continued falling at the start of the year, due to strong new issuance volume and continued resolutions for precrisis loans by special servicers, according to Fitch Ratings.
February 11 -
Residential mortgage-backed securities servicers are better able to weather a downturn and the resulting loan defaults today versus before the crisis because of their investments in technology and regulatory compliance, Fitch Ratings said.
February 1 -
Loans in commercial mortgage-backed securities originated after 2009 by nonbank lenders have a significantly higher default rate than those originated by banks, a Fitch Ratings report said.
January 14 -
Cascade Financial Services has become the only manufactured housing loan-focused servicer currently rated by Fitch, adding signs of a rebound in factory-built home financing that could lead to new private securitization.
January 9 -
Rating agencies are sparring over a new feature in a private-label RMBS that upends the relationship between senior and sub bondholders.
October 19 -
Wells Fargo’s first private-label mortgage securitization since the financial crisis doesn’t break any new ground — and that’s probably the point.
October 10 -
Commercial mortgage-backed securities delinquency rates are likely to continue to decrease for the rest of the year, as new issuances outpace maturing loans and precrisis loans continued to get resolved by special servicers, Fitch Ratings said.
September 17 -
The dollar volume of private-label residential mortgage-backed securities issuance this year is the highest it has been since the Great Recession, despite a decline in new originations.
September 6 -
Intensifying margin pressure could spur another wave of cost-cutting at nonbank mortgage lenders, unless other strategies, like consolidation or a mortgage servicing book that could increase in value, offset it.
August 23