Total outstanding balance of single-family mortgages in Ginnie Mae mortgage-backed securities increased by 2.2% from the end of June to $2.65 trillion as of the end of September.
Andrew Glass, a partner at the law firm of Nixon Peabody, said he believes the bureau took some time when it put its activities on pause near the beginning of the Trump administration to “think about the scope of the institutions that it wanted to examine.”
Kashkari cited data centers as an investment that appears to be offering stronger returns to investors rather than building homes or apartment buildings.