Report
US housing sector under pressure
At the height of the last financial crisis, nearly one in ten mortgages was in default. The crisis was moreover largely due to the excesses of the real estate sector. The coronavirus shock is causing a sudden stoppage of activity, which is even more violent. A number of borrowers and tenants will not be able to make their payments. Defaults or late payment will skyrocket, but this time it is “organised†by the authorities and is meant to be temporary. Mortgage debt and securitisa...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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