Aug 11, 2009By Diana Golobay
The real estate industry is beginning to find creative solutions around funding shortfalls as it faces the current liquidity crisis. As lending becomes more scarce and increasingly expensive, some segments of the mortgage market are turning to securitization for liquidity. For example, servicing advance facilities are becoming increasingly popular as a type of financing within the US residential mortgage-backed security (RMBS) sector, according to analysis by Toronto-based credit-rating agency DBRS.
