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 'recovery'

ARTICLES

Job creation tumbles to 2014 low in August

Huge miss on expectations as job creation drops 60K from July
Trey Garrison
Total nonfarm payroll employment increased by a meager 142,000 in August, well below replacement levels and well below analyst expectations.
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Distressed sales down to lowest share since before housing bubble broke

Sales accounted for just 11% of total home sales in June
Trey Garrison
For the 19th consecutive month, distressed home sales fell on a year-over-year basis, declining to 11.4% of home sales in June.
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More proof housing is headed for a fall

Dismal market can't be blamed on weather
Lynn Effinger
With over 7 million Americans working in part-time positions rather than the full-time jobs they would prefer having, and with so many millions more dropping out of the workforce altogether, the case is made… again, that our economic outlook is not rosy as we sloth through the remainder of 2014.
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Worse news, everyone: The economy shrunk 2.9%, the most since 1Q2009

Contraction this severe only happens just before or during a recession
Trey Garrison
The U.S. economy shrunk by 2.9% in the first quarter, far worse than the -1% revision reported May 29. The GDP has never fallen more than 1.5% except just before or during a recession since the government started tracking the GDP quarterly in 1947.
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Is mortgage lending at a turning point?

Capital Economics drills deep, says yes
Trey Garrison

In what looks at first like the longest and most optimistic reach for finding good news in all the bad data, Capital Economics posits the idea that rising house prices are increasing the ability of many households to meet minimum deposit criteria. But on second look they may be on to something, and this isn’t just the usual sunny-side up analysis.


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Two charts show where Americans stand on housing

Americans skeptical of housing recovery
Brena Swanson
Despite economists and housing experts saying that the housing crisis is over, Americans are not so quick to believe.
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Here’s why ADP’s optimistic May jobs report is troubling

Stagnation level job creation may be worse than reported
Trey Garrison
Job creation didn’t come to a standstill in the first quarter despite the fact that the economy shrank by 1%, but the ADP forecast for May job creation is troubling. Despite all the “pent-up demand” traditional pundits have been crowing about, May’s numbers are seriously weak, and that’s coming from an optimistic report.
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Jurow: Tell clients to sell investment properties

Wall Street just doesn’t get what’s wrong with housing fundamentals
Trey Garrison
Capital Preservation Real Estate Report’s Keith Jurow says that the “housing recovery” isn’t slowing – it’s over, and investors buying the pundit optimism are making a mistake.
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Private and residential construction stall out in April

Public project outlays pull construction spending up 0.2%
Trey Garrison
Construction spending rose 0.2% in April from March to as seasonally adjusted annual rate of $953.5 billion, missing the 0.7% expectation by the most in 13 months.
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5 things you must know about housing for the rest of 2014

See what housing insiders are saying
Trey Garrison
The future of housing for 2014 looks a lot different – and a lot darker – than it did at the start of the year, so here are five things to know about housing and where it’s going for the rest of 2014.
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