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HomeFitch Ratings

Fitch Ratings

Fitch Ratings
Housing Wire

Title waiver pilot program will have little impact on the industry: Fitch Ratings

March 11, 2024 Mariel Alumit Comments Off on Title waiver pilot program will have little impact on the industry: Fitch Ratings

​ Despite the protests of the title insurance industry, Fitch Ratings does not believe the lender title insurance waiver pilot program for certain refinance transactions announced by the Federal Housing Finance Agency (FHFA) on Thursday […]

Weely Real Estate News

Fitch Ratings Warns Commercial Real Estate Risks Are Not Limited to Office Properties

May 24, 2023 Mark Paul Cervantes Comments Off on Fitch Ratings Warns Commercial Real Estate Risks Are Not Limited to Office Properties

Fitch observed that “the percentage of office loans able to refinance exceeded the average across all property types for all three scenarios.” The post Fitch Ratings Warns Commercial Real Estate Risks Are Not Limited to […]

Fitch Ratings
Housing Wire

Don’t expect a drastic housing market turnaround in 2023, Fitch Ratings says

January 19, 2023 Allen Santos Comments Off on Don’t expect a drastic housing market turnaround in 2023, Fitch Ratings says

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. The brutal low origination volume and industry consolidation that occurred for […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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