Non-QM Mortgage Delinquencies Spike To 4%, Fitch Sounds Alarm
Despite the gloom, DSCR mortgages tied to investment properties stand strong, but affordability products pose future risks.
Tagged: Fitch Ratings
Fitch Downgrades Finance Of America Over Significant Operating Losses
While FOA faces tangible equity erosion and continuous covenant breaches, peers like Rocket and United Wholesale Mortgage showcase resilience.
Analysts Keep An Eye On Mortgage Rates After Fitch Downgrade
U.S. debt five times higher than it was after 2011 downgrade.
Fitch Downgrades Fannie Mae And Freddie Mac
It’s guilt by association because U.S. government rating was dropped.
Fitch: Non-Bank Mortgage Lenders Can Weather The Storms
Ratings service says they are well-positioned to handle liquidity and funding challenges.
Fitch Places Fannie, Freddie On Negative Ratings Watch
Ties credit rating to outcome of U.S. debt limit negotiations.
Fitch Rates Non-QM RMBS Offering With Loans By Acra Lending, LoanStream
BRAVO Residential Funding Trust 2023-NQM3 is supported by 674 loans with a balance of $302 million.
Fitch, KBRA Rate Non-QM RMBS Offering
OBX 2023-NQM3 Trust is a $407.5M securitization backed by 807 mostly Non-QM loans, 22% from SG Capital.
