HUD’s Donovan: This is the worst rental crisis in this nation, ever

HUD’s Donovan: This is the worst rental crisis in this nation, ever

Says administration is very pleased with Johnson-Crapo

The 10 greenest places to live

Happy Earth Day, everyone!

WFC can't keep alleged bogus foreclosure manual out of court

U.S. judge allows discovery on Tirelli's smoking gun
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Items Tagged with 'Blackstone'

ARTICLES

American Residential taps Deutsche Bank for REO-to-rental securitization

Will be German bank’s second REO-to-rental marketing deal
March 13, 2014
American Residential Properties Inc. has tapped Deutsche Bank AG to arrange a $300 million bond sale backed by house rental payments, the second such sale for the German banking giant.
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Moody's: First rental securitization doing pretty good

3 notable developments since issuance
March 12, 2014
Moody's Investors Service, which awarded a sterling Triple-A to Invitation Homes' inaugural REO-to-rental is reporting that the performance is within expectations, with 3 notable developments.
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Blackstone shows REO-to-rental can be billion-dollar business (nearly)

Invitation Homes assets for 2013 worth $912 million
January 30, 2014
Much of the profit is due to its investments in hotel IPOs, but its activity in REO-to-rental is also particularly notable.
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Second REO-to-rental deal to raise millions, and questions

Lots and lots of questions
January 29, 2014
Journalists count by saying one, two, trend, but there really is a trend happening in REO-to-rental as an asset class.
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The secret to making REO-to-rental viable

As an investment class it needs work but analysts say go for it
January 27, 2014
There are a large number of abandoned homes and a large class of renters, but even when the housing market settles out and people’s credit is repaired over time, REO to rental is a growth area and potentially a permanent asset class, investors think.
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Wanted: High-quality renters only, please

New-wave rental securitization will tighen application guidelines
December 11, 2013
Applications filed by renters will face increased scrutiny as rental securitizations take off. The creation of a single form to have renters fill out and then verify would likely standardize this process to a degree more acceptable to a credit ratings agency such as Morningstar.
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Blackstone fills need in buy-to-rent market

November 15, 2013
Filling a gap in the market, Blackstone established B2R Finance to provide residential buy-to-rent mortgages for property investors. The platform focuses exclusively on the financing needs of single-family home investors.
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American Homes 4 Rent jumps on REO-to-rental wagon

Enters rental-backed bond market
November 8, 2013
American Homes 4 Rent is the latest company to capitalize on the REO-to-rental securitization market and securitize a portion of its portfolio of single-family properties.
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REO-to-Rental securitization gets sterling Triple-A rating

Moody's provided risk analysis of Blackstone's Invitation Homes MBS
October 31, 2013
The credit ratings agency said it had some concerns about equity foreclosures in the deal but "both mortgages and pledges of the borrower's equity secure the loan that backs the transaction," Moody's analysts said in the pre-sale report. "Moody's was therefore able to assign high investment grade ratings to the senior certificates."
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Three banks set to market Blackstone home-rental bond

October 24, 2013
Deutsche Bank, Credit Suisse and JP Morgan Chase launched a marketing campaign for the first-ever bond backed by U.S. home-rental cash flows. Reuters called the transaction a $500 million trade for private-equity giant Blackstone.
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