Experts speaking at an event hosted by the Urban Institute said that CDFIs are developing novel ways to help more underserved borrowers achieve homeownership.
An uptick in securitization of jumbo and GSE-eligible loans helped increase total non-agency MBS issuance in the second quarter. (Includes data tables.)
The $2.5 billion cap for Freddie’s pilot program to buy closed-end seconds should limit impact on the non-agency secondary market. But industry players worry about the long-term risks if the pilot is successful.