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.
The single-family rental sector took heat in Congressional hearings from those who believe the presence of institutional investors in the sector makes it harder for low-income families to purchase starter homes.
Inflation and lingering economic struggles from the pandemic have exacerbated housing affordability challenges among financially stressed households, the report said.