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Home » Topics » Government-Insured Lending » Ginnie Mae

Ginnie Mae
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Ginnie Issuance Increases in 2Q, FHA and VA Up

July 20, 2023
Monica Hogan
Ginnie issuance increased by 33.7% on a quarterly basis in the second quarter.
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Short Takes: Interest Rates Up / Borrowers Adjusting / Ginnie Adds RHS to LMI Disclosures

July 7, 2023
Brandon Ivey
Interest rates on mortgages reached their highest level of the year (thus far).
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FHA Urged to Adjust Loss-Mitigation Proposal

July 6, 2023
Monica Hogan
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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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