Hundreds of classes in nearly 30 U.S. RMBS transactions were reviewed in a new report. See how performances changed based on ratings from one of the largest credit-rating agencies.
Read More »Things Could Be Looking Up for National Originator
Since 2008, industry mandated best practices have been put in place for consumers’ protection, but what happens when there’s oversight, and what can banks do to make it right?
Read More »Third-Party RMBS Reviewers Pass the Test
In the last two years, originators have been taking the precautions that many of them did not take prior to the crisis with residential mortgage-backed securities.
Read More »Are Home Prices Sustainable? Maybe Not Everywhere
Home prices have growth so fast in one particular area that homes there may be considered overvalued, according to Fitch Ratings.
Read More »Fitch: Non-Bank Servicers Will Expand Market Share
Non-bank servicers' share in the mortgage market has been steadily increasing in the last few years, and it is expected to get even larger in 2017. The driver behind the growth is expected to be different than previous years, however.
Read More »ATR Rule Sends Borrower Claims Packing
Borrower claims appear to be fleeing the housing market two years after the Consumer Financial Protection Bureau introduced the Ability to Repay rule for mortgage servicers.
Read More »Homebuilding Upturn Expected Heading into Spring
Homebuilders may be busy heading into the spring homebuying season, which according to Fitch Ratings, is traditionally more upbeat than the rest of the year.
Read More »Jumbo RMBS Issuance in Q3 Already Exceeds 2014 Total
U.S. prime jumbo residential mortgage-backed securities has already passed the 2014 total. A report from Fitch Ratings found that the 29 transactions and approximately $10.1 billion of issuance so far this year have already exceeded the 26 transactions and $8.3 billion issued in 2014.
Read More »Stock Market Vulnerability Expected to Weaken Global Growth
Following recent volatile stock market reports, the Global Economic Outlook from Fitch Ratings forecasts that the global economy will grow by 2.3 percent in 2015, the weakest growth recorded since the global financial crisis in 2009.
Read More »Ocwen’s Ratings Revised from ‘Stable’ to ‘Positive’
Ocwen Loan Servicing, LLC recently received an upgrade in their rating outlook from stable to positive due to stronger risk management framework and management oversight, according to a Servicer Report from Fitch Ratings.
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