Moody’s: Single-family rental equity securitization poses more risk

Fed Publishes Wave of Rules for Mortgage Origination Transparency 30-year, fixed-rate mortgage finishes year near record lows 30-year fixed mortgage rates drop to record low. Freddie Mac said Thursday that average rates on 30-year fixed-rate mortgages dropped to 4.85 percent from 4.98 percent the previous week.Companies in the burgeoning industry need to develop a public database for tracking. on their own balance sheet. The rule — which goes into effect later this year — is designed to prevent a.

Single-Family Securitized Financing: A Blueprint for the Future? Laurie Goodman Abstract In November 2013, Invitation Homes LP, the Blackstone subsidiary that is the largest of the REO-to-rental operations, completed the first securitized financing of REO-to-rental properties (Invitation Homes 2013-SFR1).

Amendment to Eliminate HVCC Still Alive in Financial Reform Bill More than half of US metros post higher foreclosure activity RealtyTrac: 12 of 20 major metros see decline in foreclosures Despite improvement, more than 597,000 US foreclosure filings reported in first half of 2015 by Erik Pisor Staff WriterA few weeks ago, the Senate Banking Committee drafted and passed out of committee their version of Financial Reform (S. 3217). Unfortunately, the Senate bill does not include language to nullify HVCC.

CEO and Founder of Lafayette RE (New York) – Lafayette RE LLC is a New York-based private equity firm dedicated to the single-family rental industry in the U.S. Lafayette owns and manage more than 1,400 single family rental homes and 150 vacant lots, mostly located in Florida, Georgia and Arizona.

More than 28% of US homeowners underwater on their mortgage FHFA delays principal reduction ruling  · FHFA Seeks Public Input on Revised MI Eligibility Requirements cfpb issues interpretive rule on Successors and the Ability to repay rule cfpb describes policy of Equal Treatment of Lawfully Married Same-Sex CouplesAn "underwater" mortgage is when the balance of the mortgage loan is higher than the fair market value of the property. This type of situation became common following the housing market crash that occurred in the late 2000s when many homeowners saw their homes lose a considerable portion of their value.Housing inventory, buyer demand are market drivers: JPMorgan Housing shortage softening buyer demand in major US metros. "Three years of low inventory is taking its toll on buyer demand in terms of tour and offer. Consumer optimism about the housing.

Blackstone has led hedge funds, private-equity firms and. market for capital to buy more properties and increase returns with borrowed money. “Securitization is the next step in the evolution of.

Richmond Mayor committed to eminent domain fight The Washington Post took a closer look at Richmond and the California city’s efforts to use eminent domain to fight foreclosure blight. The newspaper described Richmond’s use of eminent domain to.

American Residential Properties Finding Success after IPO Moody's sees growth for single family rental securitizations. – New York, March 06, 2014 — Moody’s Investors Service, in a pair of new reports released today, looks at the emerging market for single-family rental securitizations and outlines its criteria for rating these deals. Moody’s rated the first deal in this sector, Invitation Homes 2013-SFR, in November 2013.

Sonny Weng Vice President at Moody’s Investors Service. lead analyst rating single family rental securitization and residential mortgage backed securities backed by seasoned and re-performing.

Moody’s: Single-family rental equity securitization poses more risk 0 The "equity" structure favored by bankers for deals in which real-estate investors create securities backed by the rental payments of single-family homes poses significant risks to investors, Moody’s Investors Service noted in its research report.

Florida single-family home prices up 14% over last year Miami real estate sales down, but home prices still up. How. – Meanwhile, prices are still rising. In Miami, single-family home prices rose to $295,000, up 4.6 percent year-over-year. condo prices hit 4,250, a 2.5 percent annual gain.

The financial crisis of 2007-2008, also known as the global financial crisis and the 2008 financial crisis, is considered by many economists to have been the most serious financial crisis since the Great Depression of the 1930s.. It began in 2007 with a crisis in the subprime mortgage market in the United States, and developed into a full-blown international banking crisis with the collapse.

Some RE pros question the viability of the single-family rental business, but tight mortgage underwriting standards and low savings rates should sustain rental. the return on equity of 5.6%.

Moody’s Downgrades US Banks: No Longer Too Big To Fail?. Actually the new regulations emphasis on disciplined risk management will reducing equity returns, yet should lead to a more bond-friendly financial institutions.. issued a single-family rental (SFR) securitization – backed by.