FHA Loans Drive Up Ginnie Issuance in May June 21, 2023 Monica Hogan Ginnie Mae MBS issuance increased by 3.3% on a monthly basis in May.Read More
Short Takes: Fed’s Impact on Mortgage Rates / FHA Servicers Struggled Amid COVID / Ginnie Extends RON / Unknown Lenders in Annaly’s MBS June 15, 2023 Brandon Ivey Just because the Fed paused its interest rate increases doesn't mean rates on mortgages will stop going up.Read More
CRA Treatment of Ginnie Buyouts Under Scrutiny June 8, 2023 Monica Hogan There's some uncertainty on how revisions to Community Reinvestment Act standards will treat repurchases of delinquent loans pulled from Ginnie Mae pools.Read More
Nonbank Ginnie Issuers Making Progress on Capital Requirements June 2, 2023 Monica Hogan Ginnie President Alanna McCargo is confident nonbanks will be able to meet pending capital requirements.Read More
Ginnie Working to Increase Participation by Smaller Lenders May 26, 2023 Monica Hogan Ginnie is expanding a working partnership with the Federal Home Loan Bank of Chicago.Read More
Proposals to Help Nonbank Ginnie Servicers May 24, 2023 Paul Muolo The fear is that if delinquencies rise significantly, nonbanks will have a tough time making the required advances to investors in Ginnie MBS.Read More
Ginnie Issuance, MBS Payments Could Withstand U.S. Debt Default May 19, 2023 Monica Hogan If the U.S. defaults on its debts, Ginnie could still guarantee MBS and investors would still receive proceeds from the securities.Read More
Lakeview Increases Ginnie Servicing Lead in First Quarter April 27, 2023 Andras Malatinszky The amount of Ginnie servicing volume outstanding increased by 1.6% in the first quarter while Lakeview's portfolio grew by 3.4%.Read More
CHLA Asks for Full Funding for FHA, Ginnie April 27, 2023 Monica Hogan The Community Home Lenders of America wrote to the leaders of House and Senate housing appropriations committees.Read More
Ginnie MBS Issuance Shrinks More in 1Q23 April 11, 2023 Monica Hogan Issuance of single-family Ginnie Mae mortgage-backed securities saw significant declines in the first three months of 2023.Read More