High Interest in Low-income Housing?

OriginationNews says Amherst Securities Group reports lower-priced housing loans will outperform jumbo loans at current prices, suggesting investors should look for bonds with smaller loan sizes. The report says a government bulk REO sale would stabilize the low-income housing prices, and clear out many of the 3.2 million homes in the shadow inventory, 2.4 million of which are under $200,000. MHProNews.com has learned this will contribute to the eventual rise in home prices. Amherst says, “If the program does not take off, growing investor interest will clear the inventory over time, but that will take a good deal longer.”

(Image credit: totalmortgage)

mas kovach mhpronews shopping with soheyla .jp

Get our ‘read-hot’ industry-leading 

get our ‘read-hot’ industry-leading emailed headline news updates

Scroll to Top