Ginnie Weighing Feedback on MBS Capital Requirements October 14, 2021 Monica Hogan The American Bankers Association called for a measured approach to the implementation of any capital requirements for single-family MBS issuers.Read More
As Fed Tapering Takes Hold, Who Will Fill the MBS-Buying Void? October 14, 2021 Paul Muolo The Fed will stop being the hog at the MBS trough, one of these days. Ramifications and opportunities for other buyers?Read More
Industry Hoping Ginnie Capital Proposal Is Withdrawn October 7, 2021 Paul Muolo Ginnie is staying tight-lipped regarding its new, stricter capital proposal. Is it possible the entire exercise will come to naught?Read More
A Back Door Into the Ginnie EBO Market (MSRs) September 30, 2021 Paul Muolo Auctions of early buyouts from Ginnie MBS continues apace. One way to enter the market: Buy the mortgage servicing rights instead.Read More
Grapevine: McCargo Named for Ginnie Post; Non-QM Update September 16, 2021 Brandon Ivey President Biden plans to nominate Alanna McCargo to be the next president of Ginnie Mae; Credit Suisse’s warehouse lending securitization involving non-QMs upsized.Read More
The Beat Goes On: Nonbanks, Risky or Not? September 9, 2021 Paul Muolo Nonbanks, risky or not for the MBS market? Ginnie Mae’s new capital proposal may finally settle the question. If it becomes final...Read More
Pandemic Sparked Industry Interest in Digital Closings September 9, 2021 Monica Hogan Ginnie Mae has issued nearly $2.1 billion of MBS backed by digital collateral this year.Read More
Ginnie EBOs — The Investment Game Continues August 26, 2021 Paul Muolo Are Ginnie Mae servicers still making 500 basis points to 600 bps on early buyouts? So we hear. Also, there’s an angle for smaller players.Read More
Grapevine: Waiting on a Ginnie Pick (and Godot) August 26, 2021 Paul Muolo and Brandon Ivey Still waiting on a Ginnie president pick...Read More
Opposition to Ginnie RFI Targets Risk-Based Capital August 12, 2021 Paul Muolo Commentators seem to agree that stronger capital positions are good for the Ginnie Mae business in general, but getting there is the hard part.Read More