Issuance of Ginnie MBS with USDA home loans increased by 3.8% last year compared to 2020 figures, with $25.78 billion in volume. (Includes two data charts.)

Ginnie MBS issuance plummeted 16.8% in February amid rising interest rates. Refinances gave ground to purchase-money mortgages and modifications. (Includes two data charts.)

In January, only three of the top five Ginnie Mae issuers posted month-over-month gains. PennyMac held its top position at $8.7 billion, a 5.6% increase from December. (Includes two data charts.)

Issuance of Ginnie Mae mortgage-backed securities hit a record despite a slowdown in refi volume. The VA remained the top source of Ginnie activity for the second consecutive year. (Includes four data charts.)

Freedom Mortgage, Lakeview Loan Servicing and several other top Ginnie issuers managed to boost production in November, but the overall market was down 3% from October. (Includes two data charts.)

The mortgage industry wants Ginnie Mae to withdraw the pandemic-related pooling restrictions imposed on reperforming loans.

The flow of purchase-money and refinance loans into Ginnie Mae MBS slowed in October, but deliveries of modified loans were up. PennyMac remained the top issuer for the month. (Includes two data charts.)

Rocket Mortgage recently completed its one millionth e-closing transaction, an executive with the lender said last month during a Ginnie Mae podcast on digital collateral in the government mortgage market.

Loan removals from Ginnie MBS declined nearly 10% from the second to the third quarter, with the sharpest drop in buyouts of delinquent loans. (Includes data chart.)

Securitization of modified loans was a significant factor in the FHA reclaiming its traditional role as top guarantor of loans in new Ginnie MBS. PennyMac and Wells Fargo dominate the loan-mod sector. (Includes four data charts.)