“The only kind of new supply coming out of the market in any scale is ground-up construction or refreshed housing products,” said Steven Trowern, the founder and principal of Temple View Capital.
Mortgage lenders delivered $282.16 billion of first-lien home loans into the agency secondary market during the third quarter of 2023, a modest 2.3% increase from the prior period, according to a new ranking and analysis by Inside Mortgage Finance.
“There’s no point in leaving money on the table that’s been allocated,” said Pamela Perry, a vice president of single-family equitable housing at Freddie Mac.
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