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

News

Wells Fargo: Top homeowner misconceptions

Survey finds borrowers don’t know their options
Brena Swanson
Despite homeowners knowing that now is a great time to buy a home, many borrowers are still reluctant to do so because of uncertainty about qualifying for a mortgage or navigating the home-buying process.
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$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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AmeriSave Mortgage to acquire CertusBank’s mortgage division

Establishes traditional retail mortgage origination channel
Brena Swanson
AmeriSave Mortgage Corporation will acquire a large portion of CertusBank’s mortgage division, allowing the company to expand and establish a traditional retail mortgage origination channel to complement its online origination platform.
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Former HUD Secretary: Housing assistance programs in dire need of reform

Underfunded and unfocused programs are like a lottery
Trey Garrison
Former Housing and Urban Development Secretary Henry Cisneros says that the current affordable housing assistance programs are skewed in both scope and effect, shutting out three of four of those in need.
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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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HUD, U.S. Bank resolve lending discrimination allegations

Bank refused to refinance a property on a reservation
Brena Swanson
The U.S. Department of Housing and Urban Development reached an agreement with U.S. Bank National Association, resolving allegations that they refused to refinance the mortgage of an American Indian couple in Belcourt, North Dakota, because their property is located on a reservation.
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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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