Ginnie Primer for MLOs; Freddie and Fannie Deals Continue, Transferring Risk
Posted To: Pipeline Press”Why is it that when the CDC warns us to not eat romaine lettuce, we take it as gospel. But when the CDC tells us that vaccines save lives, we think they’re part of the Illuminati?” Good question. Another good question is, “Is affordable housing going away?” There is a lack of affordable housing available for many first-time or middle-class homebuyers in certain areas. And gaps are widening. For example , the share of single-family homes valued at a million dollars or above “has grown 7.6% over the past year alone, and doubled since 2012, increasing from 1.5% to 3.6% of all homes on the market.” Just as the wealth gap widens, luxury or high-priced housing is generally isolated to the coasts. Interestingly, Suburban Boston is the only neighborhood in the top…(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.