The dollar volume of loans originated for fix-and-flip transactions increased by 27 percent on an annual basis in 2017, according to Attom Data Solutions, a firm that tracks sales deeds. While loan volume and market share are increasing for fix-and-flip financing, industry analysts suggest that the market is more “rational” than it was in the run up to the financial crisis.
The senator disagreed with comments made earlier in the day by HUD Deputy Secretary Pam Patenaude, who said there aren’t enough legislative days left...