A 4% monthly increase in Ginnie Mae refinance volume largely benefited the VA market, which accounted for 57% of Ginnie MBS issuance in January. (Includes two data charts.)
The VA home loan guaranty program accounted for 54% of single-family loans securitized in Ginnie MBS last year, thanks to a roaring refinance program. (Includes four data charts.)
Freedom Mortgage and PennyMac remained the top Ginnie MBS issuers in November, though their monthly production was down slightly. Quicken and Lakeview gained ground. (Includes two data charts.)
Many of the top Ginnie servicers saw declines in their portfolios during the third quarter. Freedom Mortgage stood out with a 13% gain from the prior period. (Includes four data charts.)