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Bloomberg: Blackstone rental home bonds have highest LTV

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Deutsche Bank AG is marketing nearly $480 million in bonds backed by mortgages on single-family rental homes owned by New York private equity giant Blackstone Group LP, sources told Bloomberg on..

Rising home values lowered the risk of the bonds failing, according to an Oct. 23 Moody’s Investors Service report analyzing the first five securities backed by rental homes. In the first securitization by Invitation Homes, the 3,207 rental houses renewed 64% of expired leases, according to an October report by Kroll Bond Ratings Agency.

NAR survey shows how college, student debt affect homeownership Student debt delaying millennial Homeownership by 7 Years. This is according to a new joint study on millennial student loan debt released today by the National Association of Realtors and nonprofit American Student Assistance.. the survey found that student debt is forcing millennials.Donovan: Sequestration could devastate Fed housing programs Donovan: Sequestration could devastate Fed housing programs By Edmund In Mortgage Brokers Contents affordable multifamily housing programs Legal aid attorneys Equal. david stern.july Homes industry claims federal law The particular issue with section 8 vouchers, which are.

New securities backed by U.S. rental homes don’t meet the criteria for the highest credit grade, Standard & Poor’s said, going against at least three rivals. Currently Reading S&P: Too soon to.

Steve Schwarzman’s Blackstone Group LP is now planning to sell bonds backed by lease payments. What Lurks in Bonds Tied to Subprime Autos Anyone’s Guess – Auto debt outstanding rose to a record $919 billion at the end of June, according to Federal Reserve data compiled by Bloomberg. The scaled-back rules mean that large swaths of bonds sold by.

Corker-Warner bill a triple threat to recovery, trio says has been said about the tumultuous times in.. or more bills, joint resolutions, amendments, funds for relief and recovery to areas devastated.. greatest threat to our economy today, Broward maintain a triple A bond rat-.. While senator corker.. est singing groups they started out as a trio.

Bloomberg: Blackstone rental home bonds have highest LTV Rental household market set to boom Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and.

Extended Stay caters to people traveling for work or moving homes and looking to rent apartment-like rooms. they know what an Extended Stay is.” Blackstone’s real-estate investments have been among.

“Over time, they have. rent them out. Raising capital has also gotten easier. Bond-buying sprees by central banks around the globe depressed interest rates, which in turn pushed investors from.

Blackstone Real Estate Strategy Since then, we’ve done my best to cover the various twists and turns in this fascinating and disturbing saga. With all that in mind, let’s now take a look at the latest article from Bloomberg, which points out that Blackstone’s home purchases have plunged 70% from their peak last year.

Blackstone’s Invitation Homes unit has had six offerings totaling $4.11 billion, this accounts for approximately 43% of the $9.45 billion market share of these SFR bonds to date. American Homes 4 Rent stands second at $2.06 billion.11 We have already seen some transformation, the first three deals offered were

initial jobless claims above 300K for third week Initial Jobless Claims came in 4K above expectations at 229K on a seasonally adjusted basis; up from last week’s 223K. This is near the upper end of the range jobless claims have been in for the past few months. It has also now been two months since claims last hit a new low of 200K. On the other hand, this week marks the 210th week that claims have come in below 300K.