2 reasons the single-family rental securitization market won’t exceed $20 billion

Should mortgage technology and data be universally shared?

Yes, and no

Structural changes, oversight and second-lien reform critical for PL MBS

The game has to be changed to bring back private label capital
W S

Investments

$478 million in subprime-boom bonds to hit market

Part of $727 million package scheduled to trade Tuesday
Ben Lane
Now, $477.8 million more in subprime debt is available, and at least two of the biggest names in subprime are represented. According to Interactive Data, bonds from both Countrywide and Bear Stearns are part of this package.
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2 reasons the single-family rental securitization market won’t exceed $20 billion

$1 trillion market? Not even close.
Laurie Goodman
As home prices are bid up, smaller investors, who can do their own property management and thereby lower their total property management costs, will remain interested. But these securitizations based on loans to small investors face two challenges.
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Everyone agrees there must be housing finance reform

The problem is that no one can agree on the how of it
Trey Garrison
Housing finance reform is a nut that still can’t be cracked because of a lack of consensus among those involved, but most agree the status quo can’t continue.
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Housing and mortgage financing are not ready for demographic shift

Aging boomers, more diverse millennials create unprecedented challenge
Trey Garrison
The housing industry and the mortgage finance industry are not ready for the great demographic shift that is coming as boomers age and a more ethnically diverse block of millennials and post-millennials come of age.
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Katie King joins Black Knight as managing director

Will oversee government strategies and solutions
Ben Lane
In this position, King will work closely with government agencies to implement strategic initiatives and custom solutions that will help optimize operations, the company said.
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Two Harbors bringing another jumbo RMBS to market

$374.34 million securitization receives AAA ratings from DBRS
Ben Lane
Two Harbors is set to bring its third Agate Bay securitization to market, in the form of Agate Bay Mortgage Trust 2014-2. The $374.34 million RMBS is backed by 543 loans with an average loan balance of $689,393.
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Should mortgage technology and data be universally shared?

Yes, and no
Jacob Gaffney
The sharing of what works seems to be an agreed-upon process. But when it comes to mortgage technology and/or data, there is no clear consensus that advances should be universally shared.
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Structural changes, oversight and second-lien reform critical for PL MBS

The game has to be changed to bring back private label capital
Trey Garrison
The private-label mortgage securities market is not recovering, despite being a critical part of mortgage financing and the additional credit it can make available.
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Monday Morning Cup of Coffee: Headed toward another housing crash?

Luxury home sales about to tank? New CFPB rules ahead. Mortgage payoffs no more?
Trey Garrison
Are we going back down the same path that led to the housing crash? Where is the luxury home market heading, and why is the economy still putting along in low gear? Is paying off the mortgage going the way of the fax machine?
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Progress Residential joins booming REO-to-rental securitization market

There’s a new kid on the block
Ben Lane
Morningstar and Kroll Bond Rating Agency have each weighed in on the securitization with presale reports and awarded nearly $241 million in AAA ratings to the securitization’s Class A tranche.
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