Tag Archive | “Fitch”
Housing Starts Make Fitch a Believer
Just two weeks after declaring home prices are overvalued by 10 percent, Fitch Ratings said yesterday that December’s solid single family housing starts and an unexpected jump in multifamily starts are clear signals that 2013 should begin strongly for U.S. housing.
Continue reading…Fitch: Regional Problems Hamper Recovery
Friday, November 30, 2012
In addition to banks’ tight mortgage lending standards that were criticized by Federal Reserve Chairman Ben Bernanke two weeks ago, Fitch also said continued recovery in residential real estate prices will require regional improvements.
Continue reading…Fitch Raises the Bar for Single Family Rental Securities
Wednesday, August 8, 2012
As interest grows in creating a marketplace to sell securitized blocks of single family rentals, similar to the securitization of mortgages, perhaps as early as this year, the authoritative ratings service Fitch Ratings today made it clear that the asset class poses some unique risks and that high investment grade ratings will be difficult to attain due to the lack of historical data and “ambitious growth strategies by regional operators”.
Continue reading…Mortgage Modifications are Sticking
Wednesday, September 29, 2010
Though the Administration’s Home Affordable Modification Program (HAMP) is falling far short of its goal of helping three to four million homeowners, the program is succeeding at helping those who do make through the program are stay current on their payments and avoid re-default.
Continue reading…
Friday, January 18, 2013
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