MBS Investors Seek Further Buydown Limitations From Ginnie May 9, 2025 Emmeline Willey Ginnie MBS investors continue to have concerns about mortgages with permanent buydowns.Read More
Loan Removals From Ginnie MBS Slow in First Quarter May 8, 2025 Emmeline Willey Removal activity had increased in each of the previous four quarters.Read More
Short Takes: Ginnie Limiting Buydown Deliveries / PennyMac Upsizes Debt Offering / Flurry of Non-Agency MBS / Profits Down Slightly at BPL Lender May 2, 2025 Brandon Ivey Ginnie Mae is instituting a temporary 10% cap on the share of mortgages with buydowns delivered into multiple issuer pools of Ginnie MBS.Read More
Short Takes: New Leader at Ginnie / Mortgage Applications Slow / Appraisal Relief Tied to LA Wildfires / FHFA Seeks Fraud Tips April 16, 2025 Brandon Ivey Joseph Gormley is the new executive vice president and chief operating officer at Ginnie Mae.Read More
HUD Employees Face Uncertain Future April 8, 2025 Emmeline Willey Calls to HUD field offices redirected to a national hotline. A HUD spokesperson said there were no closures.Read More
Short Takes: Ginnie Prevails in TCB HECM Lawsuit / CFPB to Issue New Proposal on Section 1071 Data Collection / Nominees for OCC, SEC Move Forward / Home Equity Usage Expected to Rise April 4, 2025 Brandon Ivey A district court issued a summary judgment in favor of Ginnie Mae in a lawsuit brought by Texas Capital Bank against the agency.Read More
Court Extends Restraining Order on Federal Layoffs March 27, 2025 Shannon Clark The lawsuit covers the Consumer Financial Protection Bureau and the Department of Housing and Urban Development, among other agencies.Read More
Ginnie Loans Push Servicing Volume Up in 2024 March 21, 2025 Brandon Ivey The volume of single-family mortgage servicing tied to Ginnie Mae rose 7.3% on an annual basis to $2.541 trillion as of the end of 2024.Read More
Large Servicers Shrug Off FHA Delinquencies March 13, 2025 Brandon Ivey “Much of that is seasonality,” said David Spector, chairman and CEO of PennyMac Financial Services.Read More
Ginnie MBS Issuance Declines in February March 12, 2025 Andras Malatinszky FHA activity fell 16.8% while VA production was down 15.1% from January.Read More
RSS