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More than a quarter of single-family homes bought by investors in the first quarter of 2022.
Marks the 16th consecutive month of double-digit price increases.
Patrick Dodd had served since January; adds title of president
Approximately 62%, or 62,000, homeowners with mortgages saw their equity increase in the first quarter by 32.2% year over year.
Price increases marked 123rd consecutive month of gains.
After falling to a 2% share of the market during the pandemic, Non-QM loans have rebounded to a 4% share in the first three months of 2022.