Fitch Ratings sees relatively smooth sailing for residential MBS this year while times are tough in the CMBS market, and the worst could be yet to come.

The platform could resolve some common industry frustrations involving the analysis of mortgage data.

In June, Freddie Mac provided new disclosures, aiming to speed the process for approvals of servicing financing transactions.

Four rated deals have been issued in recent months. Morningstar established rating criteria for HEI securitizations late last year.

Fed researchers quantify the effect of BTFP’s use of par valuations for collateral during the 2023 banking crisis.

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

Cherry Hill plans to drop its external manager, consider additional strategic options; FHFA publishes historical VantageScore data; Computershare, NewRez receive master servicer ratings; commercial MBS from Morgan Stanley downgraded.

S&P lost a little market share in rating newly issued ABS but remained the top provider in the first quarter. Fitch had a similar experience in the non-agency MBS market. (Includes two data tables.)

When interest rates decline, the prepayment environment for agency MBS is likely to be much different compared with previous refinance booms, according to industry participants.

If Freddie Mac is allowed to purchase second mortgages, critics argue there should be clearly articulated capital requirements, loan-to-value ratio limits and debt-to-income ratio restrictions.