Skip to content
Sign In
Create Account
Sign Out
My Account
Cart
Inside Mortgage Finance
MBS & ABS
The GSEs
The CFPB
Mortgage Trends
FHA/VA Lending
Nonconforming Markets
Data
Subscribe to Data
Home
» Lender Takes Ownership of IO Ginnie Securities
Looking to read the full article? Register for free access to IMFnews content today!
Lender Takes Ownership of IO Ginnie Securities
July 3, 2019
George Brooks
Customers Bancorp has obtained ownership of interest-only strips of Ginnie securities backed by HECMs that served as primary collateral for loans made to a nonbank that closed in May.
Purchase this article for $55.00
Subscribe To The Newsletter
Latest Imf News
Jumbo Share of Originations Hits 18.1% in 2025
Senate Passes Housing Bill; Outlook Uncertain
Uncertainty Tied to Iran Conflict Pushes Mortgage Spreads Wider
Better’s Losses Increase Slightly in Fourth Quarter
More Imf News
Featured Data
First-Lien Holdings at Banks Continue to Rise in 4Q
Select Portfolio Loses Some Servicing Market Share in 4Q
Agency Market Phones It In, Rate Refis Slow in February
Retail Channel Regains Some Share in 2025
More Featured Data
Featured Reports
IMF Mortgage Directory: Full interactive database
IMF HMDA Dashboard: 2024
Top Mortgage Players: 3Q25 (PDF)
Lender Profiles 3Q25: Top 25 (PDF subscription)
More Latest Reports
Featured Poll
As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?
Yes, it’s a great opportunity.
No, it’s out of our wheelhouse.
We’re already in on the action!
View Results