Sagent’s Dan Sogorka looks at modernizing servicing technology and plotting out a new infrastructure to keep ahead of where consumer finance and capital markets are headed (Sponsored Content).
Read More »The Mortgage Industry Braces for Hurricane Michael
The latest hurricane to hit the U.S. made landfall as a category 4 storm Wednesday. See how the industry is readying for the aftermath.
Read More »Rushmore’s Rating Surges on Servicing Practices
Rating agency Moody’s Investor Services has given an above average rating to Rushmore Loan Management Services. Here's why the rating was enhanced for the servicer.
Read More »Rising Rates, Squeezed Supply Have Housing Industry’s Attention
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 chipping away at optimism. Some participants, however, feel that conditions in ...
Read More »Dodd-Frank Rollback to Impact PACE ABS Market
An analysis of the Dodd-Frank Act modifications by Moody’s has found that the amendment to the federal Truth in Lending Act (TILA) passed by the U.S. Senate last week will help clarify certain federal consumer protection responsibilities for participants in ...
Read More »Moody’s Grants Provisional Rating to J.P. Morgan Prime RMBS
The certificates involved are backed by nearly 1,500 30-year fixed-rate mortgage loans, totaling a balance of $883,819,918.
Read More »Steady 2018 RMBS Market Still Holds Risks
As companies start to issue more transactions in the new year, a new report takes a look at how the RMBS market will continue to perform.
Read More »Weak Loan Performance Offsets Countrywide Settlement
Loan delinquency and pool losses are offsetting the benefits of $7.35 billion of Countrywide settlement proceeds.
Read More »Weak Performance Offsets Countrywide Settlement
Increasing pool losses and riding shares of delinquent loans muted the positive credit effects of recent settlements, according to a release sent by Moody’s analysts on Tuesday. The influx of $7.35 billion of settlement proceeds to deals involving outstanding Countrywide ...
Read More »DOJ Settles Two RBMS Suits in a Week
One of the settlements included the largest RMBS solution of its kind for a single entity, according to the Department of Justice.
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