HousingWire – Trey Garrison
More than seven years have passed since home prices peaked and the mortgage credit crisis began to unfold in 2006, and Barclays (BCS) Securitized Products Research says real recovery isn’t in the cards yet in its “The Future of US Housing” report.
Barclays analysts, rather optimistically, say that since 2011-12, there has been a sustained recovery in the housing market.
1. The housing market is rebounding, but housing finance has not
2. Corker-Warner is the only likely GSE reform on the horizon
3. Lending to lower-credit borrowers will get harder
4. The best likely reform is years away