“While loan portfolio delinquencies for Fitch-rated bank and non-bank servicers were stable for the third consecutive quarter, the impact of four consecutive quarters of new foreclosure filings post-moratoria is now being felt in new REO volume,” said Fitch Director Richard Koch.
Read More »RMBS Modifications and Repayments Increase Post-Forbearance
As pandemic forbearance plans continue to expire, borrowers are continuing to choose loan modifications and other repayment options going forward. According to Fitch Ratings’ fourth-quarter 2021 Residential Mortgage Backed Servicer Metric Report, servicers reported a decline in loan modifications from ...
Read More »Fitch: RMBS Servicers Largely Weathered the Pandemic
Thirty-two of the 40 Fitch-rated RMBS firms have received “stable” ratings since being downgraded at the onset of the pandemic.
Read More »Non-Bank Mortgage Servicers Should Expect Increased Regulator Scrutiny
According to a new report by Fitch Ratings, as forbearance programs expire and borrowers transition into other loss mitigation programs, servicers should be wary of customer complaints and regulatory oversight.
Read More »Fitch Insights: A Discussion on the Future of RMBS
In a report from Fitch Ratings, the agency shares a recent roundtable discussion focused on RMBS process improvements. See what the experts had to say here..
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