Fitch Ratings’ proposed major revision of the ratings process for jumbo mortgage-backed securities “could pose obstacles” to the resumption of non-agency MBS issuance, according to the Mortgage Bankers Association. Under Fitch’s proposal, jumbo MBS ratings would be tied to home prices and potentially require...
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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