Via HousingWire;
The mortgage finance industry is abuzz with word of new residential mortgage-backed securities (RMBS) issued by private investment firms “” the first such planned issuance in more than a year, and some say a sign that the credit freeze may be thawing out for private-label RMBS.
This is another sign the residential real estate market is bottoming out, that some private investors are starting to see more upside to downside to investing in mortgages.