May 2026

Independent Single-family Rental Owners Insulated from Market Trends

TurboTenant’s State of the Rental Industry Report for 2026 highlights a split in the rental property market and an interesting nuance: independent landlords and why many single-family rental owners are largely insulated from broader market trends. The split could be as simple as recognizing the different property types they operate. On the one hand, small […]

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Ginnie Mae’s Joseph Gormley sounds the alarm on ‘risk-layered’ FHA portfolios

Ginnie Mae President Joseph Gormley, who is also serving as acting commissioner of the Federal Housing Administration (FHA), said the counterparties participating in Ginnie Mae’s program have evolved significantly since the Great Financial Crisis, with greater exposure to independent mortgage banks (IMBs) that have invested heavily in governance and risk management. Still, he cautioned that

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FHA turns attention to the ‘flipping rule’ and AVMs

The Federal Housing Administration (FHA) would like to review its anti-flipping rule and reforms to automated valuation models (AVMs), according to Matt Jones, deputy assistant secretary for the FHA’s Office of Single-Family Housing. “We think our AVM, our valuation technology, has improved significantly since that rule was put in place a couple decades ago,” Jones

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