We explore the connection between black hole growth at the center of obscured
quasars selected from the XMM-COSMOS survey and the physical properties of
their host galaxies. We study a bolometric regime ( 8 x 10^45 erg/s)
where several theoretical models invoke major galaxy mergers as the main
fueling channel for black hole accretion. We confirm that obscured quasars
mainly reside in massive galaxies (Mstar>10^10 Msun) and that the fraction of
galaxies hosting such powerful quasars monotonically increases with the stellar
mass. We stress the limitation of the use of rest-frame color-magnitude
diagrams as a diagnostic tool for studying galaxy evolution and inferring the
influence that AGN activity can have on such a process. We instead use the
correlation between star-formation rate and stellar mass found for star-forming
galaxies to discuss the physical properties of the hosts. We find that at z ~1,
~62% of Type-2 QSOs hosts are actively forming stars and that their rates are
comparable to those measured for normal star-forming galaxies. The fraction of
star-forming hosts increases with redshift: ~71% at z ~2, and 100% at z ~3. We
also find that the the evolution from z ~1 to z ~3 of the specific
star-formation rate of the Type-2 QSO hosts is in excellent agreement with that
measured for star-forming galaxies. From the morphological analysis, we
conclude that most of the objects are bulge-dominated galaxies, and that only a
few of them exhibit signs of recent mergers or disks. Finally, bulge-dominated
galaxies tend to host Type-2 QSOs with low Eddington ratios (lambda<0.1), while
disk-dominated or merging galaxies have at their centers BHs accreting at high
Eddington ratios (lambda > 0.1).Comment: Accepted by A&A. 20 pages, 16 figures, 2 tables. A version with
higher resolution figures and SED fits of Appendix A is available at
http://www.eso.org/~vmainier/QSO2/qso2.pd