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

Items Tagged with 'Housing Crisis'

ARTICLES

Urban Institute: 5 steps BofA should take in its settlement with DOJ

This would better serve consumers and investors
Trey Garrison
Now that Bank of America is nearing a reported $17 billion settlement with the Department of Justice, there are some steps the banking giant could take to better set things right, says the Housing Finance Policy Center staff at the Urban Institute.
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Monday Morning Cup of Coffee: Former CFPB head eyes White House?

The bubble’s last days; New HUD rule the “Common Core” of housing
Trey Garrison
Four housing charts to ruin your Monday (take the red pill), the housing recovery is coming to an end, and a little-known proposed HUD rule that could lead to the federalization of local housing and zoning decisions are all mixed into your spicy, bold morning brew.
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Monday Morning Cup of Coffee: Homeownership rate headed to historic lows?

More racial discussion in housing
Ben Lane
BofAML analysts suggest that the "scars" of the housing crisis may drive homeownership rates down to levels not seen in 40-50 years. Plus other interesting notes that crossed HousingWire's news desk over the weekend.
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These 2 GIFs show just how bad the housing crisis was for the economy

Lest ye forget the past
Ben Lane
You know what they say about history, right? Those who cannot remember the past are condemned to repeat it.
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Foreclosure-fighting lawyers are the new housing predator

Brena Swanson
Although the foreclosure crisis was five years ago, struggling borrowers have a new threat to worry about: lawyers who say they are acting in their best interest.
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Timothy Geithner tries to spin White House housing efforts

But even progressive media aren’t buying what he’s selling
Trey Garrison
Former Treasury Secretary Timothy Geithner said that the Obama Administration “tried to do as good a job as we could in our limited authority.” For critics on both the right and left, the White House's best wasn't good enough.
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JPMorgan Chase $280M MBS case gets preliminary court approval

Brena Swanson
JPMorgan Chase won preliminary court approval from a U.S. judge for its agreement to pay $280 million to resolve claims tied to $36.8 billion in mortgage securities issued in 2006 and 2007
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Push for mortgage bankster prosecutions heats up

Feds gearing up for prosecutions before time runs out?
Trey Garrison
The clock is ticking and chatter among industry sources and sources in Washington says the Department of Justice – under some pressure from other law enforcement – may be finally ramping up criminal prosecutions for individual senior bankers for their role in peddling toxic and subprime mortgage-backed securities.
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FHFA: Fannie, Freddie will not require another bailout

GSEs pass all three FHFA stress test scenarios
Brena Swanson
Looking at the results, cumulative, combined Treasury draws at the end of 2015 remain unchanged at $187.5 billion as neither enterprise requires additional Treasury draws in any of the three scenarios.
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HSBC gets the go ahead to sue Deutsche Bank over reps and warrants

Judge denies motion to dismiss case from pre-crisis RMBS deals
Trey Garrison
A New York judge denied Deutsche Bank’s bid to dismiss four lawsuits that would force it to either pay damages or buy back subprime mortgages packaged into RMBS back before the start of the 2008 financial crisis.
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