Tag Archives: Morningstar

The vacancy rate across 23 single-borrower, single-family rental transactions reached levels not touched since November 2015.

A recent report shows rents for properties backing single-family rental (SFR) securitizations continued their rise from their prior contractual rents.

What areas out of a class of 24 single-family rental securitizations performed well in March?

Institutional investors own only 2 percent of the nation's single-family rental homes.

The ARP 2014-SRF1 transaction (American Residential Properties) once again had the highest delinquency rate out of the 21 transactions at 2.2 percent as of the end of August, holding steady from July after taking a big drop from 3.0 percent in June.

Morningstar Credit Ratings, LLC recently assigned its ‘MOR RV1’ residential vendor ranking to eMortgage Logic, LLC (EML), according to an announcement from Morningstar.

Distressed inventory is on the decline, but the number of months it will take to clear these distressed homes from the market is on the rise. According to the latest report from Morningstar Credit Ratings, distressed inventory among non-agency residential mortgage-backed securities dropped 20 percent to 891,000 properties as of September. However, Morningstar says it will take 49 months to work through this inventory given current market dynamics. That's 11 months longer than the assessment in 2012.

Morningstar, Inc., a provider of independent investment research, announced Monday that its Realpoint unit has launched an operational risk assessment practice to evaluate the performance of mortgage servicing firms. Morningstar says the new practice, which is part of Realpoint's credit ratings business, will complement the company's convention of providing transparency and insight to investors in mortgage-backed securities.