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Home » Topics » Government-Insured Lending » Ginnie Mae

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Ginnie Increases Employee Count in 2024

January 3, 2025
Brandon Ivey
As of the end of September, the agency had 265 employees, up 25% from a year ago.
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Short Takes: Government Shutdown Impact / Existing-Home Sales Increase / Baby Boomers and Home Equity / Ginnie Senior Leader Retiring

December 20, 2024
Brandon Ivey
Among many other issues, the shutdown would pause authorization for new flood insurance policies under the National Flood Insurance Program, potentially impacting home sales.
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Short Takes: Senate Passes Trigger Leads Bill / Mixed Figures for Interest Rates / Ginnie’s Reliance on Contractors / Swings in CA Home Prices

December 18, 2024
Brandon Ivey
The Senate approved S. 3502, The Home Buyers Privacy Protection Act, on a unanimous vote.
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EBO Investor Wins Large Judgment Against Mr. Cooper

December 12, 2024
Brandon Ivey
An affiliate of Proprietary Capital prevailed in a lawsuit against Mr. Cooper Group.
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Cardinal Issues Small VA MBS Pool Underwritten With FICO 10 T

December 6, 2024
Monica Hogan
Cardinal started originating VA loans using 10 T scores in October.
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Ginnie Provides Relief to HECM Servicers With HMBS 2.0

November 26, 2024
Monica Hogan
“This program will facilitate much-needed liquidity for issuers while improving the stability of the government-backed reverse mortgage market,” said Sam Valverde, Ginnie’s acting president.
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Ginnie Loan Removals Hit Level Last Seen in 2022

November 20, 2024
Namrata Bhatia
Payoffs accounted for 89.1% of total loan liquidations from Ginnie MBS in the third quarter.
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Ginnie Could Face Leadership Gap in Trump Transition

November 15, 2024
Monica Hogan
During Trump’s entire first term, Ginnie didn’t have a permanent president.
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Split Trends in Ginnie Activity in October

November 14, 2024
Monica Hogan
Some $15.44 billion of refis were pooled into Ginnie MBS in October, a 25.7% jump from the previous month.
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GSEs Gain Market Share in October Amid Refi Surge

November 12, 2024
John Bancroft
Fannie Mae had the biggest monthly gain in total production among the three agencies, which raised its share of agency MBS issuance in October two percentage points to 27.3%.
Read More
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