Tag Archives: Fitch Ratings

Freddie Mac Chief Economist Sam Khater points out that "upward pressure on rates is the product of a resilient economy with low unemployment and strong wage growth, which historically has kept purchase demand solid.”

With mortgage rates surpassing the 7% mark, the MBA reports yet another dip in weekly purchase and refi apps as homebuyers struggle in the face of a depleted housing supply and elevated mortgage rates.

MortgagePoint speaks with mortgage servicing execs from BOK Financial, Carrington, the NMSA, PHH Mortgage Corporation, and Servbank about the unusual times and unusual opportunities the industry faces midway through 2023.

Fitch Ratings expects that most issuers should be able to withstand current market conditions and potentially gain market share through scalable technology platforms, diversification, balance sheet strength, and access to liquid capital, all of which should afford them the flexibility to mitigate operational losses.

The national mortgage lender and servicer, has opened a dozen branches, launched several new loan products, posted a net promoter score of 95.6%, and increased its servicer rating.

What are the opportunities and challenges for the U.S. housing and mortgage market in 2019, compared to other countries? Watch this video to learn what Fitch Ratings had to say.

Click through for more important takeaways including home prices and trends in future credit events and losses.

U.S. remains a stable market despite rising home prices that are expected to slow down in 2018. However several cities in the West remain overvalued.

U.S. mortgage servicers aim to enter 2018 with a strong focus on maintaining performance and enhancing the use of technology in a regulated environment.

Walter is hoping to shed debt with a reorganization, and now Fitch has weighed in on whether the chapter 11 will affect subsidiary Ditech.