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.
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    80 Documents
    TitleIssuer/Entity
    02 JUN 2020|Outlook|MOODY'S INVESTORS SERVICE
    US homebuilders will continue to face home sales declines and lower revenue as the ripple effects of the coronavirus pandemic disrupt construction and demand.
    01 JUN 2020|Sector In-Depth|MOODY'S INVESTORS SERVICE
    Mortgage ILNs transform the sector's risk profile, now tested by difficult market conditions
    01 JUN 2020|Sector In-Depth|MOODY'S INVESTORS SERVICE
    How the economic contraction affects mortgage insurers in the longer term will depend on its severity and duration, and the degree to which mortgage payment forbearance reduces foreclosures.
    01 JUN 2020|Sector In-Depth|MOODY'S INVESTORS SERVICE
    Intact market fundamentals, conservative contract and loan rules leave rated Canadian-based homebuilders well-positioned to handle a market downturn.
    28 MAY 2020|Issuer Comment|MOODY'S INVESTORS SERVICE
    Increased capital would improve the GSEs' ability to absorb unexpected losses without government support, though their very high ratings will continue to reflect the assumption of support.
    28 MAY 2020|Compilations|ResiLandscape|MOODY'S INVESTORS SERVICE
    This newsletter provides a compendium of articles about the RMBS market.
    21 MAY 2020|Sector Profile|MOODY'S INVESTORS SERVICE
    An update of issuance and performance trends in the sector for the first quarter of 2020.
    11 MAY 2020|Sector In-Depth|MOODY'S INVESTORS SERVICE
    The support servicers are offering to borrowers in response to the coronavirus's financial fallout will help collateral performance, but also expose some RMBS bonds to risks.
    07 MAY 2020|Sector Comment|MOODY'S INVESTORS SERVICE
    Financial and economic fallout from the coronavirus's spread will likely drive up mortgage delinquencies, and performance trends for RMBS collateral will worsen in coming months.
    05 MAY 2020|Sector In-Depth|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.