A last-minute budget deal resulted in funding increases for many HUD housing-related programs.

Issuance of Ginnie Mae single-family mortgage-backed securities dropped 5.6% in November as refinances hit their lowest level in more than three years. (Includes two data charts.)

The falloff in refinance issuance is easing, but perhaps only because it's nearing rock bottom. (Includes two data charts.)

Issuance of new Ginnie Mae mortgage-backed securities fell 10% in the third quarter. Purchase-money activity climbed at both FHA and VA, but not enough to offset declines in loan mods and cash-out refinances.

Ginnie Mae MBS issuance declined again in August as refinances and VA securitizations contracted. PennyMac continued to top the issuer ranking. (Includes two data charts.)

An increase in purchase mortgages wasn’t enough to offset ongoing declines in refi volume, pushing issuance of Ginnie MBS down 2.9% in July compared with June. (Includes two data charts.)

Ginnie Mae issuance of single-family mortgage-backed securities declined 12.2% in the second quarter of 2022, as rising interest rates dragged the refinance market to new lows. (Includes four data charts.)

Ginnie Mae MBS purchase issuance rose 14.9% in May compared to April, according to an analysis by Inside FHA/VA Lending. (Includes two data charts.)

Ginnie Mae MBS issuance in April remained flat month-over-month even as refinance activity declined dramatically. (Includes two data charts.)

Ginnie Mae issuers securitized some $155.11 billion in mortgage-backed securities during the first quarter of 2022, a 17.5% decline on a sequential basis. (Includes four data charts.)