WFG National Title Insurance Co., Portland Ore., published a new whitepaper that explores the title agent-underwriter relationship in great detail. The paper, “Creating a True Partnership Between Title Agencies and Underwriters,” is available as a free download on the WFG Blocks website.
Tag: Fitch Ratings
CMBS Delinquency Rate Shrinks, Cumulative Default Rate Increases
The commercial mortgage-backed securities delinquency rate continues to shrink, but the cumulative loan default rate increased slightly in first-half 2021, according to two new reports from S&P Global Ratings and Fitch Ratings.
Industry Briefs Sept. 24, 2021: CFPB Says Renters at Risk as COVID Safety Net Ends
The Consumer Financial Protection Bureau released a report warning that millions of renters and their families may suffer previously avoided economic harms of the COVID-19 pandemic as federal and state relief programs end.
Fitch Ratings: The Future of New York Office Space
As the largest U.S. office market, New York provides a good case study of possible pandemic pressures on office demand, said Fitch Ratings, New York.
Housing Market Roundup Sept. 21, 2021
It’s another busy week for housing reports—and it’s only Tuesday! Here are some reports of interest that crossed the MBA NewsLink desk:
Housing Market Roundup: Bidding Wars; Remote Work; the Return of Non-QM
Here’s a quick summary of housing industry reports coming across the NewsLink desk.
Housing Market Roundup: Bidding Wars; Remote Work; the Return of Non-QM
It’s already been a busy week for housing industry reports–and it’s only Wednesday! Here’s a quick summary of some of those coming across the NewsLink desk.
CMBS Delinquency Rate Drops Sharply
The commercial mortgage-backed securities delinquency rate declined sharply in August, posting the largest drop in six months, reported Trepp LLC, New York.
Fitch Ratings: Life Insurers Have Significant Commercial Mortgage Default Headroom
Fitch Ratings, New York, said potential stress on U.S. life insurers’ commercial mortgage portfolios will not drive rating downgrades, given the industry’s strong capitalization, current loan quality and historical loss experience.
Fitch Ratings: Small U.S. Banks Most Exposed to Commercial Real Estate Losses
Fitch Ratings, Chicago, said the U.S. commercial real estate market will likely see deteriorating credit metrics once stimulus measures wind down and forbearance programs expire, with smaller CRE-concentrated banks more susceptible to elevated losses, which are expected to peak below levels seen in the past.