Fitch Ratings, New York, said it expects headwinds to continue to pressure revenue and earnings of non-bank mortgage companies next year, as origination volumes remain challenged given the higher-for-longer rate environment and industry overcapacity.
Tag: Fitch Ratings
Fitch Ratings: Life Insurers Can Withstand Commercial Real Estate Deterioration
Fitch Ratings, New York, said U.S. life insurers’ ratings are not currently at risk from commercial real estate exposure, due to insurers’ stable investment portfolios, conservative underwriting, strong liquidity and effective asset-liability management.
Fitch: Despite Some Moderation, Homes Prices Remain Overvalued in Most of the U.S.
Fitch Ratings, New York, estimates home prices are overvalued in 82% of the U.S. metros, with nearly half of these areas overvalued by 10% or more.
Fitch: Macroeconomic Pressures Continue for Title Insurers
Broad macroeconomic headwinds continue to pressure title insurers’ revenue as mortgage rates and housing affordability depress origination volumes, reported Fitch Ratings, New York.
Fitch: Serious RMBS Delinquencies Trending Positively; Early Delinquencies Remain Flat
Fitch Ratings, New York, said servicers continue to work with struggling homeowners to avoid loan default, as early delinquencies remain flat and late stage delinquencies show positive movement.
Fitch: Serious RMBS Delinquencies Trending Positively; Early Delinquencies Remain Flat
Fitch Ratings, New York, said servicers continue to work with struggling homeowners to avoid loan default, as early delinquencies remain flat and late stage delinquencies show positive movement.
Fitch: Life Insurers Well Positioned to Withstand Commercial Real Estate Exposure Risks
Fitch Ratings, New York, said the life insurance companies it has rated are well positioned to withstand the mounting challenges from rising losses and falling commercial real estate valuations.
Fitch: Life Insurers Well Positioned to Withstand Commercial Real Estate Exposure Risks
Fitch Ratings, New York, said the life insurance companies it has rated are well positioned to withstand the mounting challenges from rising losses and falling commercial real estate valuations.
Fitch: Office Property Performance to Worsen Amid Rising Market Pressures
Office loan performance will likely continue to weaken as market pressures build, reported Fitch Ratings, New York.
Fitch Ratings: Non-Bank Mortgage Lenders to Withstand Liquidity, Funding Pressures
U.S. non-bank mortgage companies are positioned to withstand liquidity and funding pressures amid the fallout from recent bank failures, growing recessionary risks and tightening lending standards, reported Fitch Ratings, New York.