Insurance companies and European investors have shown a growing interest in MBS backed by expanded-credit mortgages. However, there is not enough supply to meet demand.
Legislation to increase transparency in the CDFI Fund comes following reported issues with fund staffing and the new CDFI certification application process.
Falling interest rates are fueling optimism over growth in the fix-and-flip lending space this year, but competition from new homebuilders may dampen market expectations.