January 17, 2013
Rental Housing Market Trends — Growing Demand, Unsurprisingly
The Bipartisan Policy Center has an interesting “infographic.” I found the demographic information to be of particular note. The Center says that Baby Boomers, Echo Boomers, Former Homeowners and Recent Immigrants will be driving demand.
January 17, 2013 in MBS industry | Permalink | No Comments
January 11, 2013
New York Times Criticizes $8.5b Foreclosure Settlement
The New York Times published a story announcing an $8.5 billion settlement with 10 major banks to settle about four million foreclosure actions. The money will be split in two, with $3.3 billion going directly to 3.8 million homeowners, and … Continue reading
January 11, 2013 in MBS industry | Permalink | No Comments
January 10, 2013
S&P Is Optimistic That Residential Mortgage Market Is Rising From Bottom
S&P’s Outlook Assumptions for the U.S. Residential Mortgage Market support our view of loss projections on an archetypical mortgage loan pool (see description in section IV). The base-case loss projection of 0.5% for U.S. prime mortgage loan pools, incorporates our … Continue reading
January 10, 2013 in MBS industry | Permalink | No Comments
December 12, 2012
Retail Trading Comes to Mortgage-Backed Securities
In a recent paper, Bessembinder et al. look at the implications of FINRA’s proposal to disseminate trade prices for structured products like mortgage-backed securities to the public. They evaluate how price transparency has impacted the corporate bond market and find … Continue reading
December 12, 2012 in MBS industry | Permalink | No Comments
