us mortgage industry: market trends and challenges for 2016-17
TRANSCRIPT
![Page 1: US Mortgage Industry: Market Trends and Challenges for 2016-17](https://reader031.vdocument.in/reader031/viewer/2022030316/58750ba61a28ab29208b74a1/html5/thumbnails/1.jpg)
U.S.MortgageMarketTrendsandIndicatorsfor2016-17
Confiden'al:Pleasedonotshare
![Page 2: US Mortgage Industry: Market Trends and Challenges for 2016-17](https://reader031.vdocument.in/reader031/viewer/2022030316/58750ba61a28ab29208b74a1/html5/thumbnails/2.jpg)
US Fed’s rate hike and stronger economy is likely to make a posi7ve impact to the U.S. overall mortgage market in 2016 - 17
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
2012 2013 2014 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2
Allholders FamilyResidence Mul>-FamilyResidence Non-Farm Farm
$T MortgageDebtOutstandingfortheU.S.(2012–2016)
§ Overallgrowthinmortgagedebthasbeenatmoderate1%CAGR(2012to1H2016)
§ ThefastestgrowingsegmenthasbeenMulK-FamilyResidence(at5%CAGR)followedbyFarms(at4%CAGR)
§ ExpectedinterestratehikefromtheFederalReserve(withmoreratehikeslikelytofollowin2017),strongerU.S.grossdomesKcproductgrowthandamoderatelystrongerjobsmarketshouldbolstertheeconomyandraisebothmortgageratesandhomeprices
§ Majorchallengehasbeenaccesstocredit,specificallymortgageinstruments,hasnotbeeneasyformanywould-behomebuyersbutthatissettochange
Source:FederalReserve
![Page 3: US Mortgage Industry: Market Trends and Challenges for 2016-17](https://reader031.vdocument.in/reader031/viewer/2022030316/58750ba61a28ab29208b74a1/html5/thumbnails/3.jpg)
Technology and data-driven ini7a7ves will mi7gate few key challenges in the U.S. mortgage industry going forward
Hyper-compe>>oninthemarketasservicingmarketconsistsofbank
servicers,non-bankorindependentmortgageservicers,andsub-servicers
ac>ngasthird-partyvendorstoservicersofrecord
Increasingcostofservices:Between2008and2013,costofservicinga
performingloanhasincreasedby264%
Increasedregulatoryandcompliancerequirements
Lossmi>ga>onconsidera>onspostnon-availabilityofHomeAffordableModifica>onProgramandHomeAffordableRefinanceProgram
LeverageadvanceanalyKcstechniquesforidenKfythetargetcustomersforcross/upsell;riskidenKficaKonand
miKgaKon;beZermanagementofNPL(non-performingloans)
ThroughconfigurableworkflowandintegraKonwithsoluKonshandlingofworktasks,servicerscansaveKme,boostusersaKsfacKonandensureamorepredictableoutcomeacrossthe
loanservicinglifecycle
EvoluKonofdatadriveniniKaKvesarewaystomanageKPI-drivenreporKngandon-
demandaudits
ThiscanbemiKgatedbyGSELoansbuttheyshouldestablishtheirownwell-documentedmiKgaKonplanstousein
applicablecircumstances.
Solu>o
n
3Source:Forbes,MortgageORB,Karvy
Key
Challenge
![Page 4: US Mortgage Industry: Market Trends and Challenges for 2016-17](https://reader031.vdocument.in/reader031/viewer/2022030316/58750ba61a28ab29208b74a1/html5/thumbnails/4.jpg)
Confiden'al:Pleasedonotshare
ThanksContactus:KarvyAnalyKcswww.karvyanalyKcs.com