The rating service proposed more closely aligning its criteria for rating U.S. residential MBS with how it assesses residential MBS in other countries. The likely result: no downgrades and many upgrades.

Planet Management Group is increasing its non-agency servicing portfolio and recently received an upgraded rating.

Morningstar plans to create the first ratings criteria specifically for securitization of loans for home improvement projects.

Delinquencies are projected to increase across asset classes, though some sectors will be hit harder than others.

Morningstar DBRS created rating criteria for securitizations of home equity investments in mid-2023. Since then, issuance has blossomed, and the sky’s the limit, according to industry participants.

A task force at the National Association of Insurance Commissioners recommended adoption of a proposal to alter credit ratings on investments at insurance companies. However, NAIC didn’t move forward with the proposal at a meeting last week.

Morningstar DBRS upgraded the outlook for its mortgage originator ranking of non-QM lender Acra Lending after a review that found the company has remained profitable for the last three years.

SFA leader says ending GSE conservatorships would lead to unsustainable credit downgrades for Fannie and Freddie.

The new ratings methodology would bring ratings for private student loan ABS in line with ratings for other consumer-backed ABS.

The SEC or another federal entity should map credit ratings among competing rating services, similar to efforts by regulators in other countries, according to Morningstar. The firm said rating mapping can help keep competition strong among rating services.