Analysts at Keefe, Bruyette & Woods expect prepayment rates on agency MBS to decline further in 2022 as fewer borrowers have incentives to refi.

The “easy money” may be over in the Ginnie early buyout space. Some bidders are paying north of 102 for product.

The Mortgage Bankers Association and the Housing Policy Council are calling on Ginnie Mae to end temporary pooling restrictions imposed on reperforming loans during the pandemic.

The Ginnie Mae issuer market is dominated by nonbanks but at least one issuer/servicer is heading for the hills: Home Point.

A recent white paper from three academics attempts to cast some light on the practice of Ginnie Mae EBOs. But should the end investor be worried?

Nick Maciunas, head of agency research at JPMorgan, spoke about how COVID-related forbearance loan modifications may impact Ginnie investors during a recent podcast hosted by the agency.

Ginnie Mae permits the use of eSignatures and remote online notarization for loan-modification agreements on paper mortgages. The agency received a thumbs-up from Mortgage Industry Standards Maintenance Organization.

Even with the clarification, some suggest VA lenders need more details to understand when they may refinance a loan included in a Ginnie-guaranteed MBS pool.

The new Ginnie Mae MBS pool type will contain loans that were modified to extend beyond the traditional 30-year terms.

A slowdown in primary market originations and new Ginnie MBS issuance is reflected in lower loan liquidation as borrower payoff remains the largest reason for removal.