Foreclosure: The Movie… (finally!) coming to a screen near you

Foreclosure: The Movie… (finally!) coming to a screen near you

In new film, neighborhood of foreclosed homes drives man insane

Capstone demands Altisource family divorce

Calls for Altisource Residential to terminate Altisource Asset Management agreement

Morgan Stanley pays $2.6 billion in mortgage-bond settlement

Linked to subprime-era RMBS
W S

Items Tagged with 'Moody's Investors Service'

ARTICLES

Moody’s: Home Loan Servicing Solutions sale bolsters Ocwen’s future

Is there a light at the end of the tunnel?
Ben Lane
Maybe there’s finally some good news for embattled nonbank Ocwen Financial. In a new report, analysts from Moody’s Investors Service say that the $1.3 billion acquisition of Ocwen associate Home Loan Servicing Solutions by New Residential Investment will actually help to stabilize Ocwen’s own servicing operations and improve Ocwen’s future prospects.
Read More

Moody’s: FHA premium cut will increase home sales by 45,000 this year

Provides a "meaningful boost" to housing economy
Ben Lane
According to the Moody’s report, the FHA premium cut will reach its maximum impact in mid-2016, when Moody’s Analytics’ model expects annualized home sales to increase by 100,000 as a result of the FHA cut, with 40,000 additional single-family housing starts in 2016 as well.
Read More

Moody’s: Ocwen’s California settlement won’t hurt RMBS investors

But it’s not all sunshine and roses either
Ben Lane
For investors in RMBS that contain Ocwen-serviced loans, the impact of the California settlement will be felt, but nowhere nearly as deeply as if Ocwen’s punishment was more severe. But that doesn't mean that the impact of the settlement is minimal either.
Read More

Here’s how oil’s drop could impact housing construction

Moody’s: Moderate benefits for builders, homebuyers
Trey Garrison
Tumbling oil prices have led Moody’s Investors Service to lower its pricing assumptions for the two benchmark crude oils, and to provide a look at how a sustained period of lower oil prices would affect construction.
Read More

Moody’s: Ocwen’s $150M settlement won’t hurt RMBS investors

But it won’t help either
Ben Lane
There’s good news and bad news for RMBS investors when it comes to the $150 million settlement between Ocwen Financial and New York Department of Financial Services. The good news? Ocwen’s settlement won’t hurt RMBS transactions. The bad news? The settlement isn’t going to help RMBS transactions either.
Read More

Moody’s: RMBS credit quality, performance to remain strong

Rental securitizations will expand to more markets
Trey Garrison
Credit quality will get even better in 2015, Moody's Investors Service says, and here's what it means for the mortgage market.
Read More

Moody’s: HY-Lite covenant structures dominate homebuilding deals

This dominance comes despite low credit ratings for the bonds
Trey Garrison
Homebuilders are issuing bonds with weaker covenant packages, a new report from Moody's says. Here's what it means.
Read More

Foreclosure timelines in California, Nevada stay lengthy

Moody’s: Gradual decline to start in early 2016
Trey Garrison
Foreclosure timelines for private-label residential mortgage-backed securities loans backed by properties in California and Nevada, two non-judicial foreclosure states, will remain lengthy over the next year until gradually starting to decline in early 2016.
Read More

SFR transactions a low risk of inducing downward price spirals

Moody’s: Failure to refi won’t result in forced sell-off
Trey Garrison
A steep drop in home prices would reduce liquidation recoveries in single-family rental securitizations if the transactions must sell properties to repay bondholders, but the risk that a transaction sponsor’s failure to refinance its loan would itself trigger a widespread property price decline that would in turn harm the transaction’s recoveries is low.
Read More

Moody’s: Outlook stable for housing finance agencies

Mortgage loan revenues enough to cover HFA expenses
Trey Garrison
For the second consecutive year, Moody’s Investors Service has assigned a stable outlook to the state housing finance agency sector.
Read More