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Home » Topics » Government-Insured Lending » Ginnie Mae

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Phoenix Capital and MIAC Unveil New MSR Auctions

March 13, 2019
Paul Muolo
MIAC is also ready to take final bids on a $315.3 million Fannie/Freddie/Ginnie Mae MSR portfolio…
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Short Takes: More Non-QM MBS Deals on the Way / What’s Ginnie Mae Really Worried About? / A Big ‘Nothing Burger’? / What Borrowers Want When They Shop Online for a Mortgage / Amherst’s Appetite for SFR / A New Hire for Incenter

March 13, 2019
Paul Muolo
Another official described the Ginnie Mae change as a “nothing burger…”
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Trump Wants to Slash HUD’s Budget by 16%, but Allows for FHA ‘Tax’ to Upgrade IT

March 12, 2019
Paul Muolo
The Trump White House wants to impose a fee on FHA lending to raise the money...
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Monthly Agency MBS Production Falls to Level Last Seen in 2014

March 8, 2019
John Bancroft
Fannie Mae, Freddie Mac and Ginnie Mae generated only $69.97 billion of single-family MBS in February.
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Ginnie Mae to Increase Servicing Spread Requirements for Single-Family MBS

March 8, 2019
George Brooks
Starting March 1, 2020, issuers will be required to have and maintain, at all times, a weighted average servicing spread of at least 25 basis points for their forward, fixed-rate single-family Ginnie portfolio.
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FHA, VA Delinquency Rates Decline in Fourth Quarter

March 6, 2019
George Brooks
FHA delinquency rates fell 26.4 basis points between December and January and were down 14.1 bps over an eight-month period ending January, according to the Inside FHA/VA Lending database ...
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First-Time Homebuying Servicemembers Prefer VA Loans, Says CFPB

March 5, 2019
Yemeng Yang
The Consumer Financial Protection Bureau in a new report found that more first-time homebuyers in the military used loans guaranteed by the U.S. Department of Veterans Affairs from 2006 to 2016 ...
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Agency MBS Production Declined in January but Trading Volume Soared

March 4, 2019
Paul Muolo
The bravura performance came during a month when GSE and Ginnie Mae MBS issuance totaled just $80.7 billion…
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HECM Production Slowed by Government Closure

March 4, 2019
George Brooks
The HECM carnage was widespread…
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Short Takes: Pondering the Letter Sent to Joseph Otting / Among the Signors… / More MSR Auctions in the Works / MetLife Has a Nice War Chest of Whole Loans / A New Hire at Gateway Mortgage

March 4, 2019
Paul Muolo, Brandon Ivey, and George Brooks
More servicing-related auctions are in the pipeline, including a $2.97 billion Fannie Mae/Freddie Mac portfolio from Phoenix Capital...
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