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Fix-and-Flip Mortgage Bonds

Are the big boys on Wall Street taking notice of home flippers?  That appears to be the case as Inman is reporting that Wall Street and some online lenders are bundling loans for home flippers into “fix-and-flip” mortgage bonds, which offer a new avenue for hedge funds, private...
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Mortgage Bankers See Increase in Originations

The Mortgage Bankers Association predicts that it expects to see $ 1.10 trillion in purchase mortgage originations during 2017, an 11% increase from 2016.  On the flip side, the MBA says that refinance originations will decrease by 40%.  They attribute this to strong household formation, job growth, rising...
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