Why You Should Care that Private Investors Don’t Want to Buy Your Mortgage Anymore

Urban Institute, Oct. 9, 2015–Goodman, Laurie

While the securitization of loans with government backing has remained strong or strengthened, the collapse of private-label securitization may have wide-reaching implications for the mortgage market. The disappearance of this market has affected the availability and cost of mortgages for one group of borrowers–those with less wealth and less than perfect credit who do not quality for government-backed loans.