Fitch Downgrades Home Point's Rating To B-
Places negative rating on proposed sale of wholesale origination assets to The Loan Store.
Tagged: Fitch Ratings
Fitch Assumes Higher Probability Of Loss With Non-QM Loans
But it does not expect the resurgence of Non-QM loans to result in an 'extensive deterioration in performance' similar to 2008.
Fitch Assigns Expected Ratings To OBX 2023-NQM2 Trust
The notes are supported by 910 loans with a UPB of approximately $420.7 million acquired by Annaly Capital Management.
Fitch Rates EFMT 2023-1 Non-QM Securitization Supported By LendSure, AHL
The residential mortgage-backed certificates are supported by 796 loans with a balance of $330.37 million.
Fitch Rates IMPRL 2023-NQM1 Supported By A&D Mortgage Loans
The RMBS certificates are supported by 974 loans with a balance of approximately $364.84 million.
Fitch Rates EFMT Certificates Backed by Non-QM Loans From LendSure, AHL
The certificates are supported by 796 loans with a balance of $330.37 million.
Fitch Rates Mostly Non-QM Offering Backed By A&D Mortgage Loans
Imperial Fund Mortgage Trust 2023-NQM1 is backed by 974 loans valued at $364.84 million, with 93.8% originated by A&D.
Fitch Assigns Expected Ratings To AOMT 2023-1 Non-QM Securitization
The securitization worth $580.47 million is Angel Oak Mortgage Trust's first of 2023.
Fitch: Overvaluations Shifting East, Home Price Growth To Slow
Ratings agency says U.S. homes were overvalued by 10.5% in Q3.