November 30, 2017
Storm-Induced Delinquencies
The Urban Institute’s Housing Finance Policy Center has released its November 2017 Housing Finance at a Glance Chartbook. The Introduction looks out how this summer’s big storms have pushed up delinquency rates: The Mortgage Bankers Association recently released the results … Continue reading
November 30, 2017 in MBS industry | Permalink | No Comments
November 9, 2017
Your Lender, The Federal Reserve Board
Laurie Goodman and Bing Bai at the Urban Institute have posted Normalizing the Federal Reserve’s Balance Sheet The Impact on the Mortgage-Backed Securities Market. It is quite extraordinary to realize that the Federal Reserve owns nearly a third of outstanding residential … Continue reading
November 9, 2017 in MBS industry | Permalink | No Comments
October 26, 2017
Mortgage Servicing Since The Financial Crisis
Standard & Poors issued a report, A Decade After The Financial Crisis, What’s The New Normal For Residential Mortgage Servicing? It provides a good overview of how this hidden infrastructure of the mortgage market is functioning after it emerged from … Continue reading
October 26, 2017 in MBS industry | Permalink | No Comments
May 3, 2017
Hope for the Securitization Market
The Structured Finance Industry Group has issued a white paper, Regulatory Reform: Securitization Industry Proposals to Support Growth in the Real Economy. While the paper is a useful summary of the industry’s needs, it would benefit from looking at the … Continue reading
May 3, 2017 in MBS industry | Permalink | No Comments
March 10, 2017
Minority Homeownership During the Great Recession
Carlos Garriga et al. have posted The Homeownership Experience of Minorities During the Great Recession to SSRN. The paper concludes, The Great Recession wiped out much of the homeownership gains attained during the housing boom. However, the homeownership experience was very different … Continue reading
March 10, 2017 in MBS industry | Permalink | No Comments
March 7, 2017
Is $321 Billion The Right Amount?
The Boston Consulting Group has released its Global Risk 2017 report, Staying the Course in Banking. Buried in the report is Boston Consulting’s calculation of the amount of penalties paid by banks since the financial crisis: $321,000,000,000. The report states, … Continue reading
March 7, 2017 in MBS industry | Permalink | No Comments
February 7, 2017
Housing Booms and Busts
Patricia McCoy and Susan Wachter have posted Why Cyclicality Matter to Access to Mortgage Credit to SSRN. The paper is now particularly relevant because of President Trump’s plan to roll back Dodd-Frank’s regulation of the financial markets, including the mortgage market. … Continue reading
February 7, 2017 in MBS industry | Permalink | No Comments
