The requirements were published in August 2022, providing issuers with a long lead time to gain compliance.

Some $36.47 billion of Ginnie MBS was issued in August, essentially level compared with July.

Many smaller lenders can’t access the Ginnie platform because its eligibility standards require issuers to have “huge volumes,” Ginnie President Alanna McCargo noted.

Ginnie Mae President Alanna McCargo said nonbank liquidity is the biggest challenge facing the government mortgage system.

The uptick was more pronounced for FHA mortgages.

Home prices could decline in the coming months, according to analysts at Capital Economics.

Ginnie Mae's single-family outstanding was up 2.2% in the second quarter while the GSEs posted a 0.3% increase in servicing compared with the end of March..

Ginnie issuance increased by 33.7% on a quarterly basis in the second quarter.

Interest rates on mortgages reached their highest level of the year (thus far).

The existing partial claim option isn’t effective because interest rates are so much higher now than when most FHA borrowers signed their present mortgage, analysts at the Urban Institute noted.