Principal Executive Vice President Sam Valverde and Capital Markets Director Richard Perrelli recently discussed ongoing environmental, social and governance efforts for Ginnie’s MBS program.

Ginnie officials meet with government and private finance entities in Taiwan and South Korea; Chase hopes to use securitization to reduce capital requirements; Fitch downgrades PacWest’s credit-risk transfer deal; KBRA gives all clear on bank exposure in non-agency MBS.

Information technology upgrades at Ginnie Mae can play a key role in helping transform the housing ecosystem, according to the agency’s chief information officer.

Government home loan programs should find ways to bring banks back into the fold, Ginnie Mae President Alanna McCargo said.

As part of its 2024 budget proposal, the White House has asked for a $20.6 million increase in funding for Ginnie Mae.

Agency MBS industry insiders recently discussed specified pools, prepayment rates, home price growth and problems with ESG investing.

Ginnie Mae is seeking a new executive vice president and chief operating officer, a position that became vacant just last week.

The mortgage servicing rights market has been incredibly volatile lately, Ginnie Mae President Alanna McCargo told attendees at SFVegas.

Global conflicts top of mind at SFVegas; ESG and credit risk; no housing-finance reform expected when the sun’s out; Ginnie looking to fill COO position; American Car Center’s subprime ABS under review.

Ginnie Mae has reduced the required minimum size for MBS pools with home-equity conversion mortgages to $250,000 from $1 million.