Institutional, Non-Institutional and Government Sponsored Entity (GSE) Financing
Understanding the differences between the three is noteworthy. Institutional lending policies have profound impact on real estate financing and their presence is critical, while GSEs are as equally important since they provide capital and liquidity to real estate market. Non-institutional lenders are as critical, because they provide certainty of execution.
It’s important to recognize the source of the money from which these categories are funded in the capital stacks. Money is originated from savings, deposits, individual investors, Corporations, Government amongst others.
Categories are Government, Institutional, non-institutional investors. Combination of these categories formulate the mortgage market. Medallion Funds has substantial expertise of the mortgage market and deep connection with all funders nationwide.