This chart proves mortgage credit availability isn’t improving

Zillow: Top 10 markets to buy and sell your home now

California takes over one list

Wealthier Americans mean a bigger bond market

More liquidity means more debt

Items Tagged with 'KBW'


KBW: 2Q mortgage banking earnings down YOY

Nonbanks see stronger gains as banks leave space
Trey Garrison
With many of the major banks and nonbanks in the mortgage space having reported their second quarter earnings and more coming this week, mortgage banking earnings generally increased quarter-over-quarter, but this was off of the low base set with the first quarter drop.
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KBW, FBR relatively bullish on mortgage originations

Expectations down from start of 2014 but optimistic on 2Q bounce
Trey Garrison
Despite a rough start to 2014, two major research and analysis firms are bullish on mortgage banking despite diminished expectations for overall volumes in 2014.
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KBW: Plan to wind down GSEs will fail

Analysts say GSEs' survival chances keep improving
Ben Lane
KBW’s analysts predict that the Treasury will eventually shift its focus from winding down the GSEs to seeking to unwind its investment in the companies. But the analysts said that this shift could take several years.
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Colony rental securitization prices

Investor demand sparks "positive" return
Sarah Wheeler
Moody's provisional ratings of the rental securitization deal was cited by the analysts as one of the reasons for the pricing, noting that it added "institutional credibility" to the deal. Kroll Bond Ratings and Morningstar also provided similar ratings.
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Here's the reaction to the latest Fannie, Freddie reform proposal

Waters' plan joins three others already in consideration
Ben Lane
With the release of GSE reform legislation from Representative Maxine Waters, there are now four different proposals to wind down Fannie and Freddie and create a new mortgage market structure in the U.S. But have we reached the saturation point of GSE reform proposals?
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Good heavens! REO-to-rentals trying to turn a profit?

NYT: This new asset class thing is new and therefore scary or something
Trey Garrison
Having just discovered REO-to-rental as an asset class, the New York Times wants you to know it is not really in favor of this concept. Therefore, it's exactly like what caused the financial crisis.
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American Homes 4 Rent jumps on REO-to-rental wagon

Enters rental-backed bond market
Brena Swanson
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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Single-family rental securitization market boasts near trillion-dollar potential

Blackstone-Invitation Homes deal prompts KBW to analyze the sector's overall value
Kerri Ann Panchuk
The REO-to-rental securitization deal that Blackstone subsidiary Invitation Homes brought to market is just the tip of the iceberg, with KBW analysts forecasting a nearly trillion dollar market when calculating the lingering possibilities that exist for single-family rental securitization deals.
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Homebuilders drive into peak season

75% of annual returns are made from November to January
Brena Swanson
Homebuilders are driving into their peak season, with more than 75% of annual homebuilder returns historically generated in the November-to-January time frame due to growth in demand in advance of the upcoming spring selling season.
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Investors focus on ramping up occupancy rates

Analysts note slower pace of purchases on new properties
Megan Hopkins
Institutional investors notably slowed their pace of purchases in an attempt to focus on ramping up occupancy rates on rental units. Because of this, many are left wondering about the potential impact of a rise in rates and a moderation in investor demand.
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