Mortgage REITs are snapping up bonds backed by US home loans at a pace last seen before the pandemic, taking advantage of relatively cheap valuations and rallies in their own shares that helped them raise fresh cash. These real estate investment trusts are expected to buy about $30 billion of mortgage debt securities on a […]
Mortgage bonds are finding ready buyers in REITs flush with cash Read More »
The non-qualified mortgage market has experienced significant growth since its introduction nearly a decade ago. 10 years in, credit ratings agencies regularly release performance metrics for investors, which provide remarkable insight into this extremely versatile asset class. In a recent default study on non-QM performance over the years, for example, KBRA analysts note that non-QM
Here’s why non-QM earned its place at the mortgage dinner table Read More »
Home sellers expect to spend about $18,500 on expenses, but the actual cost is more than $67,000, according to a new report from Clever Offers, a platform owned by Clever Real Estate. The report found that on average, recent sellers spent: $21,024 on pre- and post-listing repairs and improvements $14,204 on seller’s agent commission $13,691
$67K to sell a home? Consumers drastically underestimate the costs Read More »