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Home » Topics » IMFnews » Government-Insured Lending

Government-Insured Lending
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$6B of Ginnie MSRs Up for Grabs, An EBO Angle As Well

September 28, 2021
Paul Muolo
Loan-level data is available to bidders who sign a non-disclosure agreement...
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More COVID Tools: FHA Seeks Feedback on 40-Year Loan Modification

September 28, 2021
Monica Hogan
Fannie Mae and Freddie Mac already offer 40-year loan modification terms.
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Retail (FHA/VA) Holds Up Slightly Better in 2Q21 Slump

September 27, 2021
John Bancroft
Freedom Mortgage was the top retail government lender in the first half of 2021...
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Details Out on Home Point’s $15 Billion MSR Auction

September 17, 2021
Paul Muolo
Home Point, which went public earlier this year, has been the subject of recent downgrades...
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Ginnie MBS Issuance Down in Most Categories in August

September 14, 2021
John Bancroft
Production was down for both purchase and refinance loans.
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Biden Nominates Former Fannie, JPM Executive McCargo to Helm Ginnie Mae

September 14, 2021
Monica Hogan
Former Ginnie president Ted Tozer said now that Biden has made his pick, he hopes the process moves forward in a timely manner.
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Short Takes: Finally, a Ginnie President? / A Debt Revival? / High Expectations for Penny Mac / New Lows (for Some MBs) / Enact Readies IPO

September 13, 2021
Paul Muolo
Time for more debt offerings? It depends on who you are.
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Worries Over the Ginnie RFI and MSR Values? Maybe Not...

September 9, 2021
Paul Muolo
What happened? Servicing advisors sharpened their pencils, studied the proposal and concluded it won’t be so bad after all.
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Ginnie EBOs — The Investment Game Continues

September 2, 2021
Paul Muolo
PennyMac Financial Services, the nation’s second largest Ginnie servicer overall, listed buyouts of $11.6 billion for the six-month period ending June 30...
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Moody’s Highlights the Strengths/Weaknesses of Nonbank Mortgage Firms

September 1, 2021
Paul Muolo
In a new report, the rating service notes the “extensive” MSRs of nonbanks “often make the quality of their capital much weaker than that of banks.”
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