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
Ginnie Promotes Valverde, Seeks New COO March 2, 2023 Monica Hogan Ginnie promoted Sam Valverde to principal executive vice president and is seeking a new executive vice president and chief operating officer to replace him.Read More
Ginnie's McCargo: Issuers Weathering the Mortgage Storm. However... February 28, 2023 Brandon Ivey Issuers are largely meeting Ginnie's capital requirements, though liquidity remains a concern.Read More
HUD Faced Difficulties Facilitating Telework February 15, 2023 Monica Hogan HUD telework infrastructure was insufficient, at times, during the pandemic, according to findings by HUD’s Office of Inspector General.Read More