S&P Case-Shiller: Home price gains slowed in April

S&P Case-Shiller: Home price gains slowed in April

Nationally home prices gained 4.2%

Realtor.com: Here are the 20 hottest markets this summer

Expanding inventory boosts sales

Pending home sales continue momentum in May

Northeast leads as South, Midwest decline
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Items Tagged with 'Moody's Investors Service'

ARTICLES

Moody’s: Ocwen’s servicer ratings no longer on verge of downgrade

Completes review of Ocwen’s ratings
Ben Lane
Perhaps the shaky ground on which Ocwen Financial has subsisted on for the last few months is finally beginning to stabilize, because, for the second time this month, Moody’s Investors Service issued a positive report on the beleaguered nonbank.
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Ocwen pays down more debt with MSR sales proceeds

Continues in stated plan to deleverage
Ben Lane
Ocwen Financial announced Wednesday morning that it is using the proceeds of a sale of mortgage servicing rights to pay down a portion of its senior secured term loan. The pay down is the latest in Ocwen's push to deleverage itself, a development that some view as a positive for the company's future.
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Ocwen CEO gives baffled reaction to ratings rollercoaster

Upgraded by Moody’s, placed on Credit Watch by S&P
Ben Lane
Just days receiving a bit of good news when Moody’s Investors Service upgraded its ratings, Ocwen Financial learned Standard & Poor’s placed its rankings on “CreditWatch negative.” So, what gives? Turns out the CEO of Ocwen is just as baffled by the news.
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Moody’s: New mortgage disclosure rule will increase risk for US RMBS

Question is how much RMBS trusts will be liable for lender errors?
Trey Garrison
The new CFPB disclosure rules, along with the potential for increased costs in the event of non-compliance, raise the risk of losses for RMBS trusts. Here’s why.
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Moody’s: Falling delinquencies bolster single, multifamily HFA portfolios

Two reports show delinquencies down
Trey Garrison
Both single-family and multifamily portfolios securing housing finance agency bonds showed significant improvement in delinquency rates. Here’s why.
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Moody’s: Stopping eminent domain seizures of underwater mortgages a credit positive

Bill that would thwart municipal seizures good for RMBS
Trey Garrison
The House of Representatives’ Appropriations Subcommittee approved a bill last week for the fiscal year that would keep municipalities from using eminent domain to seize underwater mortgages. Here's why Moody's Investors Service says it's a good thing for investors.
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What’s the impact of Green Tree’s $63 million fine?

Moody’s weighs in on company’s future
Ben Lane
Unsurprisingly, Green Tree Servicing could be facing several negative outcomes, including a potential downgrade to its servicer ratings, in the wake of its $63 million fine from the Consumer Financial Protection Bureau and the Federal Trade Commission. A new report by Moody's details what could be in Green Tree's future.
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Moody’s: New FHFA rules are credit positive for mortgage insurers

PMIERs remove “significant policy overhang”
Ben Lane
Private mortgage insurers, especially legacy insurers, are well positioned for success under the newly announced Private Mortgage Insurer Eligibility Requirements from the Federal Housing Financing Agency, according to a new report from Moody's. Click on through to find out why.
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Here’s how housing market corrections drag on GDP

Chicken or egg, here's why it’s so important to get housing policy right
Trey Garrison
Housing market corrections coincide with a country's GDP being 6% lower on average than if it had continued on its growth path before prices peaked. Surprised? Or worried?
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Low oil prices a credit positive for most ABS sectors

Moody’s: Here’s how it will impact various sectors
Trey Garrison
The big drop in oil is having an impact on a lot of asset-backed securities, and here’s how it will affect mortgage-backed securities.
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