The volatility in interest rates, elevated housing prices and a lag in rental growth numbers are all prompting more investors to lock in loans with debt service coverage ratios below 1.0.
CPFB revises methodology for APOR; Fitch downgrades PacWest’s CRT; LendingOne taps ex-Sprout vice president for TPO business; DBRS adds new due diligence provider to “acceptable” list.
The data analytics firm said its web-based appraisal tool Validate will help streamline the valuation process by removing obstacles caused by traditional in-person appraisals.
The two most significant forecasting models for MBS prepayments are struggling under the weight of the COVID-19 pandemic and the recent bank failures, according to a new TCW report.