Last autumn we wrote that the increase in interest rates was unlikely to cause a major disruption in the housing market and that the greatest risk facing the housing finance system resides in the ability of GNMA seller/servicers to satisfy demands on their cash to fund new loans and address delinquencies and repurchase requirements....more

On September 1, 2021 the White House released a visionary policy position paper that described in uncommon detail, its vision for housing programs in the Biden Administration. The strongest theme in the President’s message was the support and promotion of the involvement of non-profit organizations in many aspects of HUD’s programs. SP Group believes that...more