In addition to releasing new guidance, the Treasury also pushed back the deadline for submission of new CDFI Fund applications to allow lenders more time to review new guidance requirements.
The Austin, TX-based company has launched a new buy-before-you-sell product aimed at helping homebuyers better compete in today’s tight housing market.
Fractional homeownership in Norway shows the potential for partial homeownership programs in the U.S., according to a study published by the Federal Reserve.
Federal Reserve Vice Chair Michael Barr plans to recommend retaining capital requirements for unrealized losses on MBS held in bank portfolios. This provision was in response to the 2023 banking crisis.
Although bank holding companies keep most of their CLO investments in held-to-maturity accounts, the value of CLO classified as available-for-sale was up slightly in the second quarter. (Includes data table.)
ABS backed by home equity investments are offering unlevered returns in the low double digits. The first rated HEI ABS was issued in October and industry players are anticipating exponential growth.
Acra’s first-ever MBS is ready to hit the street. The company’s servicing platform, Citadel, will be the master servicer on the bond. More issuances are expected, but not until 2025.