More From Asset Securitization Report
FICO holds price for commitments as Pulte plans more action
FICO announced it will maintain its mortgage industry price for credit scores through tri-merge resellers at $10 for members of its Preferred Program.
U.S. CLO volume dipped in April, again, says Fitch
Also, spreads on broadly syndicated loan and middle-market CLOs widened for the second month.
Apollo has new vehicle to bundle debt evoking CDO comeback
The deals, known as AMAPS or Apollo Multi-Asset Prime Securities, break with typical securitizations by bundling together not just one type of asset class but many different ones.
Wells Fargo faces amended class action loan-mod complaint
Mortgage borrowers filed a third amended class action complaint against the bank over modification issues from 2010 to 2015.
Fitch flags cooling housing market through 2027
While Fitch and Kroll have differing views on mortgage rates next year, both are looking for mortgage delinquencies to rise in their rated portfolios.