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Items Tagged with 'Moody's Investors Service'

ARTICLES

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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Structure, scope the real tests for RMBS reps and warrants framework

Moody’s: Two types of frameworks have their own strengths, weaknesses
Trey Garrison
The two types of representation and warranty frameworks prevalent post-crisis can adequately detect and remedy reps and warrants breaches, but they have different strengths and weaknesses. Here's how they break out.
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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.
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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.
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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.
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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.
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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.
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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.
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