Where's Watt?

Where's Watt?

FHFA scorecard should be marked tardy

Key MERS legal employees turn away from company

Company now under federal scrutiny

17% of homes with a mortgage seriously underwater

Share of underwaters continues slow decline

Items Tagged with 'REO-to-rental'


Congressman fires up debate on REO-to-rental

Takano wants answers on potential risks
April 9, 2014
One of the early alarm-sounders on the rise of REO-to-rental is trying to fire up the discussion over what he sees as a potential threat to the housing market in the rise of investor-owned rental homes and the securitization of REO.
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Fannie and Freddie can’t get REO to market fast enough

Demand outpaces inventory
April 2, 2014
The market is ravenous for more REO-to-rental properties. However, the inventory is having a hard time keeping pace.
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From HW Magazine

"Let's rent."

The future of single-family rental securitizations is now here
March 31, 2014
More and more Americans are choosing to rent instead of buy. With two single-family rental securitizations on the market at press time and more likely in the works, this new asset class has the financial market energized.
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Moody's rating new REO-to-rental securitization

$291M Triple A tranche the largest yet
March 20, 2014
Moody's Investors Service assigned provisional ratings to four classes of certificates backed by one floating rate loan secured by mortgages on 3,399 single-family rental properties owned by the Colony American Homes 2014-1 securitization.
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Here's why investors are flooding into REO-to-rental

Makes good dollars and sense
March 14, 2014
In less than two years the REO-to-rental concept on a large scale has grown from what many real estate professionals and mortgage servicing industry experts believed would be at best a flash-in-the-pan fad or worse a crash-and-burn exercise in futility, to become a growing new asset class.
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American Residential taps Deutsche Bank for REO-to-rental securitization

Will be German bank’s second REO-to-rental marketing deal
March 13, 2014
American Residential Properties Inc. has tapped Deutsche Bank AG to arrange a $300 million bond sale backed by house rental payments, the second such sale for the German banking giant.
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Moody's: First rental securitization doing pretty good

3 notable developments since issuance
March 12, 2014
Moody's Investors Service, which awarded a sterling Triple-A to Invitation Homes' inaugural REO-to-rental is reporting that the performance is within expectations, with 3 notable developments.
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Blackstone to MSNBC: "There is no such thing as a rental bond"

Rep. Mark Takano disagrees
March 10, 2014
In a segment on MSNBC in regard to the emerging REO-to-rental securitization market, two interesting things happened during the riveting video debate.
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California Congressman goes on REO-to-rental warpath

Takano pushing four federal bodies to investigate
March 6, 2014
Longtime critic of REO-to-rental U.S. Rep. Mark Takano, D-Calif., fired off letters to four federal entities asking for a detailed investigation into the growth of REO operations and REO-to-rental as an investment. Is his concern misplaced?
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California advocates want to put the brakes on REO-to-rental

Claim: Flood of investor cash hurts vulnerable renters and owners
March 4, 2014
Some 78 organizations are calling on federal regulators to address first-time homebuyers being outbid and neighborhoods undergoing dramatic changes arising from REO-to-rental purchases.
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