Kroll/ASF: Expert Confirms Regional Recoveries but

An American Securitization Forum meeting speaker confirmed regional home value recoveries but said full bond analysis is still needed, according to a Kroll report on the conference.

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Evan Firestone, a Wall Street veteran and industry consultant working with CoreLogic, said despite the clear recoveries the full range of loan-level characteristics from home prices to prepayments must continue to be analyzed.

The report also noted some insights about the commercial MBS market shared by Trepp COO Dan Gottlieb at the meeting, where he forecast continued growth through 2013-2014 and noted that 18.5% of outstanding commercial real estate debt is securitized.

Bonnie Sinnock

Capital Markets Editor

Bonnie Sinnock is National Mortgage News' Capital Markets Editor at Arizent and has worked for NMN and affiliated publications since 1995. Her... Read full bio

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