Lawsuit alleges former LandCastle Title CEO embezzled $30 million

Lawsuit alleges former LandCastle Title CEO embezzled $30 million

Nat Hardwick allegedly used funds for private jets, gambling

Fannie Mae: Lenders ask these 4 questions about MSRs

All about transfer and execution

Fidelity National bails out Landcastle Title

Discovered “substantial account misappropriations”
W S

Items Tagged with 'Moody's'

ARTICLES

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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Morningstar updates its assessment of American Homes 4 Rent offering

Solid review for AMH’s 2014-SFR1
Trey Garrison
Morningstar Credit Ratings has reviewed early performance data for American Homes 4 Rent 2014-SFR1 and updated its assessment.
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Freddie Mac breaks new ground with riskier STACR deal

Unloads $10 billion more in credit risk
Ben Lane

The new deal, STACR 2014-HQ1, carries an average LTV of 92% with a current pool balance of $9.975 billion spread across 45,112 loans. The loans have an average balance of $221,109 and were originated in the third and fourth quarters of 2013.


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Moody’s rates 2014-SFR2 securitization at $322.6M in Class A

Trey Garrison
Moody's Investors Service has assigned provisional ratings to four classes of certificates backed by one floating rate loan secured by mortgages on 3,750 single family rental properties owned by the Invitation Homes 2014-SFR2 securitization.
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Moody’s issues ratings for $1B Invitation Homes rental securitization

Rates $801.9 million in four classes
Ben Lane
Moody’s becomes the third ratings agency to issue $483.3 million in AAA ratings to the largest tranche of the deal.
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Non-qualified mortgage bond ratings getting closer

Investors increasingly interested in the asset class
Trey Garrison
Investors are increasingly interested in non-QM loans, and Moody’s Investors Service is now also seeking commentary on its proposed approach to evaluating and rating QM and non-QM loans for securization as residential mortgage-backed securities.
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Morningstar, Kroll offer rating on Colony's REO deal

Kroll, Moody's, Morningstar positive on REO securitization
Trey Garrison
Morningstar Credit Ratings and Kroll Bond Rating Agency have assigned preliminary ratings to five classes of Colony American Homes 2014-1 mortgage pass-through certificates.
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Moody's rating new REO-to-rental securitization

$291M Triple A tranche the largest yet
Trey Garrison
Moody's Investors Service assigned provisional ratings to four classes of certificates backed by one floating rate loan secured by mortgages on 3,399 single-family rental properties owned by the Colony American Homes 2014-1 securitization.
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Moody's: Here's why PHH should not sell fleet business

3 options for future of company
Jacob Gaffney
Moody's said it is concerned the sale of the fleet business would "weaken the company's franchise strength and result in a business with a more concentrated revenue base."
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Moody's: First rental securitization doing pretty good

3 notable developments since issuance
Jacob Gaffney
Moody's Investors Service, which awarded a sterling Triple-A to Invitation Homes' inaugural REO-to-rental is reporting that the performance is within expectations, with 3 notable developments.
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