Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market.
I saw that Washington Federal story earlier. I don’t understand why a portfolio lender would be buying such assets. Wouldn’t they just want to make more of their own loans, or were they trying to get some geographic diversity?
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I saw that Washington Federal story earlier. I don’t understand why a portfolio lender would be buying such assets. Wouldn’t they just want to make more of their own loans, or were they trying to get some geographic diversity?
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