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Average scores remain unchanged but signs of payment stress keep emerging, with Fannie Mae's serious delinquency rate up for the first time since August 2020.
January 30 -
Foreclosure prevention actions overall fell for the sixth time in seven months in October, according to the FHFA.
January 24 -
The latest month's volume was more than $20 billion lower than in March 2020.
January 17 -
The sector is not immune to the same economic instability that affects the single-family residential market, the Mortgage Bankers Association said.
January 5 -
Other investors could step into the breach as depositories depart, and the strain on nonconforming borrowers might not be that bad, recent forecasts suggest.
January 5 -
Loans with payments late by a year or more were the biggest sub-category within the distressed portfolios a year ago, but now mortgages that've been late for 30-59 days are.
December 21 -
The products are currently limited to a single distribution channel, but the company hasn't ruled out offering them through third-party originators in the future.
December 7 -
Deterioration in credit quality should put strain on collateral originated in late 2021 and early 2022, affecting performance, Barclays Credit Research said.
December 6 -
These types of transactions largely disappeared from the market for years after the Great Recession.
December 2 -
Prime mortgage activity fell notably while nonprime deals and government-sponsored enterprise credit risk transfers increased in 2022, according to Kroll Bond Rating Agency.
November 30