NEW YORK--(BUSINESS WIRE)-- #creditratingagency--As highlighted in a KBRA research report on solar loan ABS and prepayment rates in March, rising rates and continued home price appreciation led to a slowdown in existing home sales and refinancing activity, pushing mortgage prepayment speeds to cyclically low levels in 2023 and 2024. Solar loan prepayment rates fell in tandem as existing home sales have historically been one of the main drivers of solar loan prepayments, along with Investment Tax Credit (ITC) proceed...
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