Finding someone to fill the position of senior vice president for the Office of Enterprise Data and Technology Solutions at Ginnie could be difficult given pay restrictions at the government agency.

The Mortgage Bankers Association is asking VA to release a detailed plan for how servicers will be reimbursed if they participate in VA’s call for a six-month pause on foreclosures for struggling veteran borrowers.

Lakeview Loan Servicing has been the most active bulk buyer of Ginnie MSRs, with $87.67 billion in acquisitions since the first quarter of 2022.

HUD's IG questioned whether Ginnie could relocate a troubled MBS portfolio from one issuer to another if the first is facing financial or operational challenges.

Both FHA and VA volume in Ginnie MBS issuance declined on a monthly basis in October.

GSE securitization of mortgages with private MI declined in the third quarter while FHA activity increased.

The third quarter of 2023 ranked as the busiest market for MSR sales since the second quarter of last year, when $327.82 billion of MSR transfers closed.

Growth at Lakeview and Chase Home Finance finally toppled Wells Fargo as the largest agency servicer.

Both the FHA and VA programs saw increases, but the bulk of the growth in Ginnie issuance in the third quarter came from FHA loans.

Ginnie is offering flexibility for pooling reperforming loans in MBS.