Delinquency Rates Remain Low Across SFR Securitizations

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Share Save Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Delinquency Rates Remain Low Across SFR Securitizations Delinquency Rates Morningstar Credit Ratings Single-Family Rental Securitizations 2015-08-31 Brian Honea Related Articles Previous: Fannie Mae’s Mortgage Portfolio and Serious Delinquency Rates Drop Yet Again Next: Do the FHA’s Proposed Servicing Reforms Limit Borrowers’ Credit Access? The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Brian Honea August 31, 2015 920 Views  Print This Post Servicers Navigate the Post-Pandemic World 2 days agocenter_img Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Delinquency Rates Remain Low Across SFR Securitizations Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Market Studies, News The Best Markets For Residential Property Investors 2 days ago Delinquency rates remained low in July across single-family rental (SFR) securitizations, and for a majority of the deals, the delinquency rates improved, according to data reported by Morningstar Credit Ratings in its August 2015 Single-Family Research: Performance Summary Covering All Morningstar Rated Securitizations released Monday.The largest drop occurred in the ARP 2014-SRF1 transaction (American Residential Properties), which experienced a drop from a 3.0 percent delinquency rate in June down to 2.2 percent in July. This translated to the lowest number of delinquent properties (2,876) among the 22 transactions as of the end of July, while the IH 2015-SFR3 deal had the most delinquent properties at 7.207.  The 8 percentage point drop for ARP 2014-SFR1 occurred after the delinquency rate on the ARP 2014-SRF1 deal climbed from 2.5 percent in May up to 3.0 percent in June, the highest rate among all the transactions.”Cash flows remain sufficient to cover bond obligations and in general the asset class performance is in line with its recent history.”Even with the decline of 8 percentage points, the ARP 2014-SFR1 securitization remained tied in July for the highest delinquency rate with the recently-closed TAH (Tricon American Homes) 2015-SFR1 transaction, which also posted a 2.2 percent rate for July (down from 2.4 percent in June).According to Morningstar, the retention rate for month-to-month leases improved for most of the transactions in July after dropping in 15 out of 17 transactions in June. The retention rates of scheduled lease expirations remained within Morningstar’s expectations for July, in the mid-70s.”Vacancy rates remain low, though they may migrate higher as more leases expire,” Morningstar said in its report. “Cash flows remain sufficient to cover bond obligations and in general the asset class performance is in line with its recent history.”Included in the report released Monday are the recently-closed CAH 2015-1 transaction (Colony American Homes) and brief summaries of the B2R 2015-1 (B2R Mortgage Trust) and FKL 2015-SFR1 (FirstKey Lending) multiborrower transactions.Click here to see the complete August 2015 Single-Family Rental Research: Performance Summary Covering All Morningstar-Rated Securitizations. Tagged with: Delinquency Rates Morningstar Credit Ratings Single-Family Rental Securitizations Subscribelast_img read more

GHPL Week 4: Kwesi Arthur to perform at Legon Cities FC vs AshGold

first_imgGhana Premier League fans will get a good serving of rapper, Kwesi Arthur, at the Accra Sports Stadium on Wednesday, January 15 during the Week 4 tie involving Legon Cities FC and AshGold.The rapper will perform as part of the half time break and will dish out his most popular songs to the fans who will make it to the stadium.The initiative was announced by the team on Tuesday as part of measures to draw crowds to the stadium for better patronage of the team’s matches and the league in general.In Week 2, Legon Cities had dancehall superstar, Shatta Wale, perform during the half time break of their match with Asante Kotoko at the Accra Sports Stadium.In addition to the thrill of seeing Kwesi Arthur perform live, female fans will be given a free entry at the stadium.The match between Legon Cities FC and AshGold kicks off at 7pm at the Accra Sports Stadium.last_img read more

Dam Inn, Our Glass secure place at top of WKMFFL with weekend wins

first_imgDam Inn Mates survived a late scare from the Thundercats to get past Trail 25-17 in West Kootenay Men’s Flag Football League action Sunday at Mount Sentinel Field.The victory keeps the Mates atop the WKMFFL standings with an undefeated mark of 4-0.Nelson Our Glass Ogs kept up the pressure on the Mates by blasting defending league champion Castlegar Vikings.Our Glass is second in league standings with the same amount of points — eight — but has played one more game with a record of 4-1.The league resumes Sunday with a pair of games at Mount Sentinel.At 11 a.m. Rossland Flying Steamshovel Brewers tackle Trail Thundercats while the Mates face Castlegar Vikings at 1 p.m. The game between Castlegar and the Mates is a rematch of last year’s league final won by the [email protected]last_img read more

Giants mailbag: What will the franchise do to win back fans after hiring Gabe Kapler?

first_imgSAN FRANCISCO — In the last eight days, the Giants have hired a new general manager and field manager, lost closer Will Smith to the Braves and had ace Madison Bumgarner reject a qualifying offer to return to San Francisco.In other words, it’s been a tumultuous week for a franchise that has had a tumultuous 12-plus months.The Giants have dealt with several high-profile off-the-field incidents in the last year and their decision to hire Gabe Kapler as field manager angered many fans and forced …last_img

BJP will win this Lok Sabha election on proincumbency sentiment Ashish Sood

first_imgIn an exclusive interview with Abhinay Lakshman of the Millennium Post, BJP’s South Delhi Lok Sabha in-charge Ashish Sood said that the saffron party will win this election on a pro-incumbency sentiment that runs deep within the country. Excerpts: How is this year’s campaign going to be different from the one BJP ran in 2014? You see, last time we did not have the achievements of Narendra Modi. So, as a result, this time around we have a huge base of beneficiaries who have reaped the advantages of various government schemes introduced in the last five years. This sentiment is very strong among people, so this will be our poll plank for MPs and party activists. We now have a class of voters to whom we need not showcase what we will do. They are already satisfied with our government’s work. Also Read – After eight years, businessman arrested for kidnap & murderDo you really believe there is no anti-incumbency sentiment running through the country? Look, the pro-incumbency runs deep this time around. And the reason anti-incumbency has been a feature in every other election is there used to be an opposition that was after the blood of the incumbent government on a list of corruption issues. This time, with this government, you don’t have that in hand. The opposition only has fake issues. Five years down the line, what they are charging us with is: this is a dictatorial government. They are presenting themselves as saviours of democracy. If we have not done the work in the last five years, then the opposition must come out with the issues instead of misleading voters. Also Read – Two brothers held for snatchingsWill your campaign then only focus on the work your government has done? In Delhi, what our MPs have done, what the Central Government has done, and it could have done will be showcased. As a result, it will also be important to show the inability of the incumbent Delhi government to deliver on what they promised their electorate. For example, we could have and we wanted to give Ayushman Bharat to the poor of Delhi. It was denied. These will be the issues. The Delhi government made promises they knew they couldn’t keep, and hence they are now raising issues such as the demand for full statehood in the Capital. BJP had also made demands on statehood. What do you think made the party switch its stand? We have not switched our stand on it. Look the statehood issue was addressed in 1991 when Delhi became a National Capital Territory and a resolution was adopted. No doubt we were asking for more powers for the state but parties always can change their stand. And moreover, no one else except the present AAP govt is responsible for harming the cause for full statehood when they tried to stop Republic Day celebrations. Do you believe that any parliament will grant full statehood if these kinds of scenarios are created? You see, we still want more powers to be granted to the state government. In terms of grievance redressal of people, the multiplicity of governance should be changed. But more importantly, some kind of uniformity in the system of governance is required. The basic idea is to solve governance issues created by the complicated system in Delhi and not fixate on wanting autonomy. What are the challenges in campaigning this time? The biggest thing we would want to implement is door-to-door campaigning (like mera parivaar, bhajpa parivaar). And reaching out to more of the electorate who at the time of anti-corruption agitation of Anna Hazare had stood by Kejriwal. More and more of those households have to be reached so that the present AAP government is exposed. As South Delhi in-charge, what are your plans for the campaign in the constituency? There is only one plan. The plan is to reach out to the beneficiaries, reach out to workers and make sure they vote at the earliest on the voting day. See, what we are going with in this election will be to highlight the failure of AAP to deliver even after getting 67 seats in the assembly. The only points will be about the 500 schools, the CCTV cameras, and the jobs that were promised. We won’t let them go scot-free for their failures on these issues. Do you think the proposed alliance may affect the way you run your campaign? You see, we are not worried about that. Regardless of whether it actually happens or not, it won’t change the fact that the opposition has failed to deliver. And even if it does come through, it just goes to show the hypocrisy of opposition members. A gentleman who had once vowed to fight corruption in Sheila Dikshit’s government is now ready to ally with her. BJP govt in the Centre and we in Delhi are wanting to contest the election on the achievements of our central government. Is AAP contesting on their achievements of the last four and half years? All they have to show for themselves is their failures and then they go as far as blaming it on the absence of full statehood.last_img read more

Maruti Celerio annual sales crosses 1 lakh

first_imgNew Delhi: Maruti Suzuki India (MSI) Friday said its compact car Celerio sold 1,03,734 units in 2018-19, joining the club of company’s models with sales of more than one lakh units in a year. The model has cumulatively sold 4.7 lakh units since its launch in 2014, MSI said in a statement. The sales of the model grew by 10 per cent in 2018-19, it added. Celerio was “the first car to democratise the two-pedal (auto gear shift) technology and the recent upgrade in its safety features has significantly enhanced its appeal as the perfect city car”, MSI Senior Executive Director – Marketing and Sales R S Kalsi said. Celerio’s 1-litre petrol engine delivers a fuel efficiency of 23.1 km/ltr for both Auto Gear Shift (AGS) and the manual transmission variants. The factory-fitted CNG Celerio offers a fuel-efficiency of 31.76 km/kg, MSI said.last_img read more

A Website Went Offline And Took Most Of Womens College Basketball Analytics

If you’re filling out your bracket for the NCAA men’s basketball tournament and want some statistical background to the broader forecasts, you have a slew of options. Start at Sports-Reference.com: powerful search tools; team rankings for anything from pace to point differentials adjusted for strength of schedule; and player pages with stats such as usage percentage, win shares and Box Plus/Minus. Ken Pomeroy’s site offers more detailed and adjusted team rankings and a wide array of individual player metrics. For $100 a year, Shot Analytics delivers detailed spatial analysis of shot selection, including weighted shot charts.If you’re looking for similar information to help you fill out an NCAA women’s basketball tournament bracket, you’re out of luck.Last week, leading into the MIT Sloan Sports Analytics Conference, Sue Bird wrote a piece for The Players’ Tribune about this analytic gender gap, noting, “The disparity between NBA data — even data across all male sports — and WNBA data is glaring. Data for the WNBA is relegated to basic information: points, rebounds, steals, assists, turnovers, blocks. While worthy of being noted, those are the most rudimentary numbers in our game.” There are a few slightly richer sources of data for the women’s professional game — Basketball-Reference.com will let you see the true shooting percentage and usage rate for WNBA players, for example — but Bird’s overall characterization of the data disparity is dead-on, and the effect is even stronger in college basketball. That’s true this month more than most.Until recently, the one repository for advanced statistics such as usage, true shooting percentage, pace-adjusted player statistics and adjusted team ratings for women’s college ball was WBBState.com, a vertical of data company National Statistical. But that source disappeared Feb. 29, when ServerAxis, the company that provided server space to National Statistical’s hosting company, suddenly took all its equipment offline. There are reports that ServerAxis was having financial problems, but the company has so far not responded to requests for comment. National Statistical also declined to comment on the situation on the advice of lawyers as it works to recover its data and bring the site back online.Exactly how a web hosting company pulls up anchor, ditches its Miami headquarters, and ends up 1,300 miles away in Chicago, allegedly waiting for its servers to find their way home, is almost certainly a fascinating story, but it’s secondary to the reality that an entire sport’s advanced metrics wing can be wiped off the map by a few nerds absconding with a few hard drives and turning off their phones. This is a corollary to the more global lack of statistical interrogation of women’s basketball — the data isn’t just shallow, it’s scarce, and that scarcity makes it fragile.What’s left behind is a patchwork collection of disparate scraps of data. ESPN has some statistics available for players and teams, but these cover only basic stats and are organized as leaderboards, so they can’t be searched or sorted beyond the top 50. You can find the full lists for most of those statistics, and a few others, on the NCAA’s website. It’s a thin statistical slice, and they are available for only the current season. Right now, if you wanted to find out where Breanna Stewart’s true shooting percentage ranked this season, or how many points per 100 possessions Baylor allowed, you’d need to scrape the data and calculate it yourself.A paucity of data in any sport doesn’t just trim down the “analytics” branch — it fundamentally changes the types of stories that can be told about teams and athletes. “The more data you have,” says Howard Megdal, a contributing editor for the women’s sports site Excelle Sports, “the more you have the ability to parse it, and to compare it, and to do it more easily, the more stories that are out there.”That’s no small point. In the landscape of women’s sports, college basketball in general and the NCAA Tournament in particular are enormously important. The nation’s attention has turned to college basketball, expecting rich, compelling and thorough analysis, and the women’s side, already handicapped by neglect, has lost one of its legs to a freak woodchipper accident. This leaves the writers who cover the tournament, missing servers be damned, in quite the lurch.“The NCAA has the standard points and rebounds,” Megdal says, “but I’m writing today and trying to make the point that South Carolina’s offense is actually more efficient than its defense. You know people talk about South Carolina’s defense all the time. I only knew that because of WBBState, and being able to see the tempo-free stats. So when I went to go and prove it, I can’t right now; I can’t reference those numbers. All I can do is say that they’re 17th in points per game, or whatever. And as I’m doing it, I’m well aware that I’m using a highly flawed stat that doesn’t begin to capture what I’m after.”In a way, that sums up the state of analytics in women’s basketball: Everyone knows that there are more powerful tools of observation waiting just out of reach, but there just isn’t much to do about it. Sometimes that’s because women’s leagues lack the financial might or institutional support to run in the lead pack; other times it’s because the wrong web host picked the wrong month to blow town. Our sports podcast Hot Takedown previews March Madness. More: Apple Podcasts | ESPN App | RSS | Embed Embed Code By Ian Levy read more

Womens Swimming Liz Li breaks Big Ten record claims Big Ten Championship

OSU then-sophomore Liz Li poses for a picture at the 2016 Big Ten Championships. Credit: Courtesy of OSUSenior Liz Li won her second consecutive Big Ten championship title in the 50-yard freestyle at the Big Ten Championships Thursday. Her winning time of 21.48 seconds established a new conference-record in the event that she previously set at the meet, and tied her own school record that she set for Ohio State last season.Coming into this event, Li held the third fastest 50-yard freestyle time in the country. She now holds the record for the fastest time in that event, earning her third individual Big Ten title of her career.Dating back to 2005, only five different swimmers have won a Big Ten championship in the event, all of whom have won it at least two consecutive seasons. Li has now become the fifth straight Big Ten swimmer to earn consecutive conference titles in the 50-yard freestyle.Li’s teammates earned success throughout the day as well.Senior Lindsey Clary claimed a fourth-place finish in the 500-yard freestyle with a time of 4:37.65, while junior Meg Bailey placed third in the 200-yard individual medley with a time of 1:57.75. Li also competed in the 400-yard medley relay with senior Zulal Zeren, senior Taylor Vargo, and junior Macie McNichols, who claimed a fifth-place title with a time of 3:34.91.The Buckeyes stand in fifth-place overall after Day Two, behind Indiana, Wisconsin, Michigan, and Minnesota respectively.The competition will continue Friday with championships in the 100-yard butterfly, 400-yard individual medley, 200-yard freestyle, 100-yard breaststroke, 100-yard backstroke, three-meter diving and the 200-yard freestyle relay. Preliminaries begin at 11 a.m. and finals will take place at 6:30 p.m. read more