Today’s rising interest rates have some market participants concerned, according to Moody’s Investors Service. The survey reports that crimped housing supply, coupled with the higher cost to borrow, is ...
Read More »Moody’s In-Depth: Impact of Tax Credit on Mortgage Loans
New investor analysis is weighing the impact of last year’s tax legislation on residential mortgage credit performance, and non-mortgage consumer loans.
Read More »The RMBS Market’s 2018 Outlook: Know the Risks
Learn which loans are continuing to diversify the RMBS market, as well as their risks, in a new 2018 Outlook report.
Read More »Moody’s: A Look at the Future of the GSEs
One of the world’s top rating agencies warned that sweeping or high-level changes to Fannie Mae and Freddie Mac could unleash a host of unintended consequences.
Read More »Mitigating the Unique Risks on Certain Mortgage Loans
Moody's Investor Service discusses ways to for lenders to mitigate the unique risks associated with mortgage loans made to foreign nationals.
Read More »2015 Looks Bright for RMBS Market
In its predictions for 2015, Moody's says stronger underwriting standards, third-party reviews, and the implementation of risk retention rules will all bolster the credit quality of new private-label RMBS. "New regulations setting strict standards for origination of qualified mortgages along with ability-to-repay rules will drive the strong credit quality of new issuance," said Navneet Agarwhal, managing director at Moody's.
Read More »Analysts Warn of ‘Next Generation’ of Subprime Lenders
Regulators have recently moved to curb growth at non-bank servicers amid concerns about their practices—and that might actually be for the best, say analysts for Moody's Investors Service. At the same time, they worry that companies might attempt to offset any slowdown in growth by shifting business models and originating non-prime mortgages, “a net credit negative.”
Read More »Moody’s Unfazed by Slow Millenial Growth
Though the slow rate of household formation among millenials has been cause for alarm among some economists, analysts at Moody's Investors Service say reports of a "lost generation" are overblown.
Read More »Moody’s Review Extension Draws Commentary from Genworth
Responding to Moody's Investors Service Inc.'s decision to extend the review period for potential downgrades for portions of the company's debt, Genworth Financial, Inc., has issued an official statement on the pending evaluations. Noting that Genworth is proceeding with urgency in its dealings with Moody's, the company expressed confidence in the outcome of the review process.
Read More »MICA Reports Continued Increases in Private Insurance
The number of borrowers using private mortgage insurance (MI) continues to climb, according to the latest monthly statistical release from Mortgage Insurance Companies of America (MICA). MICA's member companies - which include Genworth US Mortgage Insurance, Mortgage Guaranty Insurance, and Radian Guaranty - reported $397.5 billion in primary insurance during August, an increase from $396.4 billion in July. The total tally for primary insurance received a boost from reported monthly increases in volume, certificates issued, and applications.
Read More »