Kroll Bond Ratings Agency placed a 2024 transaction issued by Kobalt Music on watch for a potential downgrade because of the flagging performance of the underlying assets.

Inflation from the continuing conflict in the Middle East is adding uncertainty for homebuyers who were already cautious amid a weaker labor market and fluctuating tariff policies.

The market’s response to the attacks is in line with its recent divergence from historical reactions to outside stressors, said Andrew Rhodes, head of trading at Mortgage Capital Trading.

One of the mortgagee letters that established the policies in 2022 required that HUD document all CWCOT property sales, but the HUD OIG said it didn’t keep records verifying buyers, such as the statements owner-occupants must sign verifying they intend to use the home as a principal residence.

The subservicer is working to improve services for nonprime borrowers, by expanding payment options and availability of virtual agents.

Mortgage rates inched higher this week after the U.S. and Israel carried out attacks in Iran, sparking fears of higher energy costs.

The Supreme Court struck down some of President Trump’s sweeping tariffs, but duties remain on raw building materials.

Eligibility for partial claims would be backdated to the sunset of the VA servicing purchase program, on May 1, 2025.

Refi guarantees in the Department of Veterans Affairs’ home loan program more than doubled during the fourth quarter.

Retirements and a lack of new hires led staffing levels to shrink in the third quarter of 2025.