It’s Ginnie Mae by a nose: $1.704 trillion in MBS to Freddie Mac’s $1.703 trillion…

Former Ginnie Mae president Ted Tozer stressed the importance of getting the post filled as soon as possible. “The way things are going, by yearend Ginnie will have $2 trillion of guarantees on its books,” he said.

“By limiting the volume of securities that private investors will have to absorb as we reduce our holdings, the caps should guard against outsized moves in interest rates and other potential market strains,” said Fed Chairman Janet Yellen.

The betting is that Bruce Berkowitz and Fairholme plan to ride out their GSE investment to the very end.

Fun fact: Ginnie Mae servicing now represents 16.5 percent of all residential debt outstanding – more than triple the program’s market share at the end of 2008.

Unfortunately, Rood said he’s not at liberty to name names or agencies...

In the first quarter, Amerihome Mortgage had the largest sequential growth rate in USDA lending.

The Ginnie MSR market has been in the tank the past two years, but has revived somewhat this spring…

One bright spot consists of Japanese investors, which are showing strong growth in dollar-dominated bond holdings…

American Advisors Group continued to dominate the HECM market, funding $691.0 million of reverse mortgages…