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.
Tag: Fitch Ratings
Fitch Ratings: Robust Housing Market Supports Outsized U.S. Title Insurer Returns
Fitch Ratings, New York, said U.S. title insurance firm profitability should continue to exceed rating expectations over the near term, supported by a robust housing market.
Fitch: Homebuilders Unlikely to Sustain Strong Pricing Power
Fitch Ratings, Chicago, said the strong pricing power currently enjoyed by US homebuilders is not likely sustainable through 2022, given declining affordability, weakening consumer confidence, recent moderating demand and expectation that supply-demand dynamics will improve.
Fitch: Return-to-Office Delays No Imminent Risk to Office REITs
Fitch Ratings, New York, said long-term office leasing plans will not likely be affected even if U.S. corporations continue to delay their return-to-office plans.
Fitch Ratings: Environmental Factors Can Affect CMBS Large Loan Ratings
Fitch Ratings, New York, said a property’s environmental impact and sustainability may influence commercial mortgage-backed securities bond ratings in single-asset single-borrower and large-loan transactions.
Fitch Ratings: Environmental Factors Can Affect CMBS Large Loan Ratings
Fitch Ratings, New York, said a property’s environmental impact and sustainability may influence commercial mortgage-backed securities bond ratings in single-asset single-borrower and large-loan transactions.
Fitch Ratings: Environmental Factors Can Affect CMBS Large Loan Ratings
Fitch Ratings, New York, said a property’s environmental impact and sustainability may influence commercial mortgage-backed securities bond ratings in single-asset single-borrower and large-loan transactions.
Fitch Ratings: Environmental Factors Can Affect CMBS Large Loan Ratings
Fitch Ratings, New York, said a property’s environmental impact and sustainability may influence commercial mortgage-backed securities bond ratings in single-asset single-borrower and large-loan transactions.
Industry Briefs July 22, 2021
Covius, Denver, announced New American Funding implemented Covius Document Solutions for its default servicing operations. Specifically, New American will use Covius’ 50-state template library and on-demand printing services to prepare and deliver compliant pre-foreclosure/breach letters.
Other Home Price Forecasts: Full Steam Ahead—Maybe
Add Veros Real Estate Solutions, Santa Ana, Calif., to the list of forecasters who say home price appreciation won’t let up any time soon. And add Fitch Ratings, New York, to those saying the home price train can’t run forever, with some markets highly overvalued.