US Housing & Housing Finance: pandemic shocks economy, puts sector on pause
Near-record low mortgage rates will not be enough to boost demand as measures to contain the coronavirus outbreak cripple the economy and the spike in unemployment leads to higher loan delinquencies and missed rent payments.
  • SUMMARY
  • REPORTS

  • WEBINAR REPLAY
    18 May 2020|Moody's Corporation
    Please join Mark Zandi, guest speakers, and Moody's Investors Service analysts, for a webinar to discuss the impact of COVID-19 on the US Housing & Housing Finance market. This is a 90 minutes session with two panel discussions.

    SECTOR IN-DEPTH
    05 May 2020|Moody's Investors Service
     University support and strong debt service coverage levels mitigate immediate downside to student housing project closures due to the coronavirus pandemic.
    COMPILATION
    29 Apr 2020|Moody's Investors Service
    This newsletter provides a compendium of articles about the RMBS market.

    SECTOR COMMENT
    20 Apr 2020|Moody's Investors Service
    Ginnie Mae program will provide liquidity for HFAs covering principal and interest advances on mortgage loans that have gone into forbearance due to the impact of the coronavirus.
    SECTOR COMMENT
    14 Apr 2020|Moody's Investors Service
    As servicers offer payment forbearance plans to coronavirus-affected obligors, certain credit risk transfer deals are at higher risk of sustaining losses without further GSE guidance.

    OUTLOOK
    01 Apr 2020|Moody's Investors Service
     The turmoil in the mortgage industry stemming from the spread of coronavirus has led us to change our outlook on the non-bank mortgage sector to negative from stable.
    SECTOR COMMENT
    30 Mar 2020|Moody's Investors Service
    Coronavirus-related mortgage forbearance creates a temporary cash flow disruption to HFA single-and-multi-family programs, but HFAs can comfortably weather the negative impact.
    Latest on US Homebuilding
    OUTLOOK
    27 Mar 2020|Moody's Investors Service
    Homebuilding industry outlook changed to negative from stable as coronavirus shakes economy, unemployment climbs
    SECTOR COMMENT
    19 Mar 2020|Moody's Investors Service
    Homebuilders can withstand a short term disruption to the economy, but a more protracted downturn will be more challenging.
    Visit our Homebuilding page for a complete view on the sector, including the latest research, industry outlooks, rating activity and more.