Fitch to Release Models for Mortgage Bonds as Ranieri’s Lender Complains – Bloomberg
Fitch Ratings is planning to share its grading model for U.S. home-loan bonds with issuers and investors as industry pioneer Lewis Ranieri’s lender complains that credit-ranking firms are hindering the market’s recovery. Fitch knows that …
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More Mortgage Stuff:
Fitch Ratings has issued a presale report on FREMF 2010-K9 Mortgage Trust. Fitch expects to rate the transaction and assign Loss Severity ratings as listed below. The expected ratings on the class A-1, A-2, and X1 certificates are a point in time rating … Go to Source…
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has assigned an ‘A’ rating to South Carolina Electric & Gas Company’s (SCE&G) new $150 million issue of first mortgage bonds, 5.5% series due Dec. 15, 2039. Proceeds from the offering will be used to fund … Go to Source…
Investors are rediscovering yield in Denmark as mortgage bond issuance crowds out the government’s plan for an early surge in debt sales. Bond investors are searching for ways to boost returns after demand for the AAA nation’s bonds sent … Go to Source…
NEW YORK–( BUSINESS WIRE )–Fitch Ratings has downgraded and assigned Stable Rating Outlooks to two classes from Banc of America Mortgage Securities, Inc. 2005-5. Fitch has also withdrawn the rating for one class. A … Go to Source…
Fitch Ratings has published a servicer report on Arbor Commercial Mortgage, LLC. This report provides an overview of the company’s servicing operations and a discussion of the areas evaluated by Fitch. The report is … Go to Source…
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has downgraded Republic Mortgage Insurance Company’s (RMIC) Insurer Financial Strength (IFS) rating to ‘B’ from ‘BB’. Concurrent with this rating action, Fitch has withdrawn its coverage of RMIC. The downgrade of … Go to Source…
CHARLOTTE, N.C., Aug. 17, 2011 /PRNewswire/ — RoundPoint Mortgage Servicing Corporation, a leading national mortgage servicing company, received residential primary and special servicer ratings from Fitch Ratings this week. The international credit … Go to Source…
Mortgage derivatives tied to the biggest U.S. home loans are plummeting in a divergence from the underlying bonds as firms from TCW Group Inc. to Wells Fargo & Co. say the credit-default swaps are sending false signals. PrimeX indexes, used to … Go to Source…
Denmark’s mortgage bonds are defying downgrades by Moody’s Investors Service as an increasing number of international buyers snap up the securities. Nykredit A/S, Europe’s biggest issuer of covered bonds backed by mortgages, has seen its … Go to Source…
NEW YORK–(BUSINESS WIRE)–Fitch Ratings affirms, assigns Loss Severity (LS) ratings and Outlooks to J.P. Morgan Commercial Mortgage Finance Corp.’s mortgage pass-through certificates, series 1997-C5, as follows: –Interest-only class X at ‘AAA’; Outlook Stable. –$51.7 million class F at ‘A-/LS2 … Go to Source…
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