PRP Advisors issued its first non-agency MBS with newly originated mortgages for investment properties. To this point, Balbec’s non-agency MBS issuance has focused on seasoned mortgages.
Ginnie Mae President Alanna McCargo wants industry participants and governments to find more ways to expand liquidity for small lenders and community development financial institutions.
Vacancy rates for single-family home rentals are expected to remain stable in the months ahead, but the rapid rise in rents is likely unsustainable, according to industry experts.