Fitch Upgrades Non-Agency MBS Backed by Seasoned Loans, Citing Stronger than Expected Performance
May 4, 2018
Fitch Ratings last week upgraded 18 non-agency MBS backed by seasoned loans. The deals had been issued in recent years and performed better than the rating service expected.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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