FHFA leaving g-fees alone, revising primary mortgage insurance requirements

FHFA leaving g-fees alone, revising primary mortgage insurance requirements

Move will lower fees for riskier borrowers; change is ‘revenue neutral’

Housing advocacy groups call on FHFA, CFPB to investigate “pro-foreclosure” tactics

Groups cite Ocwen as leader in preventing mortgage defaults

Court filing reveals name of anonymous whistleblower in Zillow/Move lawsuit

Former Zillow VP of Strategic Partnerships wrote the letter
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Items Tagged with 'Credit rating agency'

ARTICLES

KBRA unveils new mortgage default and loss model

Reduces default expectations on purchase loans
Ben Lane
Citing ongoing analysis of mortgage performance and evolving origination trends, Kroll Bond Rating Agency released an update to its residential mortgage default and loss model, including revising the timeline and expenses associated with liquidated loans and adjusting the penalty for high debt-to-income ratio loans.
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DBRS acquired by The Carlyle Group and Warburg Pincus

Ratings agency plans growth in U.S.
Ben Lane
Investors including The Carlyle Group and Warburg Pincus have acquired DBRS, the fourth-largest global credit rating agency. DBRS said that the acquisition should fuel growth in the U.S.
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Moody’s proposes changes to RMBS rating system

Would incorporate global ratings model into U.S. methodology
Ben Lane
Moody’s said that the new quantitative model will be the starting point for its analysis of the loan pool and that the new model was developed after an “extensive” analysis of the performance of 800,000 fixed-rate and 600,000 adjustable-rate mortgages issued since 1998.
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Green River Capital rated as favorable in servicing, asset management

Kerri Ann Panchuk
Morningstar just ranked Green River Capital as a favorable provider of residential component servicing and REO asset management.
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Nationstar RMBS will absorb hit on revised losses

Christina Mlynski
Confusion over how to account for principal forbearance resulted in $1 billion in surprise losses on mortgage bonds backed by Nationstar-serviced loans. Fitch Ratings discussed the...
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Recent vintage loans beat historical levels, enticing investors: Fitch

Christina Mlynski
Investors could be lured back into the mortgage space sooner than expected with the government-sponsored enterprises acquiring higher quality loans, creating a class of mortgages designed...
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Shellpoint Partners first RMBS deal carries geographical risk

Christina Mlynski
Specialty finance firm Shellpoint Partners debuted on the private-label residential mortgage-backed securitization scene Wednesday, becoming one of a few issuers in this segment of the market.Lewis Ranieri’s...
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Legacy RMBS improves, even with cash flow problems

Christina Mlynski
The improving housing market and stable macroeconomic environment are helping to support the performance of legacy residential mortgage-backed securities performance. Nonetheless, the sector still has persistent challenges...
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Fannie and Freddie help brighten America's credit outlook

Jacob Gaffney
Nearly two years ago, Standard & Poor's downgraded the U.S. credit rating from triple-A late Friday to double-A-plus — with a negative outlook.Thanks in part to strong profits...
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Redwood gears up for latest RMBS deal

Christina Mlynski
Talk about consistency.Real estate investment trust Redwood Trust is keeping pace with its monthly issuance goal, setting out on its eighth private-label residential mortgage-backed securitization deal...
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