After an extended period of steady growth in its investment in the residential MBS market, the banking industry changed course in early 2018 and reduced its participation in the market, according to a new Inside MBS & ABS ranking and analysis.
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Caliber Home Loans has announced pricing of a uniquely structured private offering of secured term notes backed by Ginnie Mae mortgage servicing rights and excess servicing spreads.
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cchappell@imfpubs.com Although a stronger economy, wage growth and an improved job market is driving home prices upward in 2018, Lawrence Yun, chief economist of the National Association of Realtors, said a low supply and widespread affordable housing shortage will dampen sales. In his 2018 midyear forecast he said more new housing starts are needed… …
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