The reputation of being a safe, liquid asset adds about 47 basis points to the “convenience premium” of agency MBS over investment grade bonds, according to the National Bureau of Economic Research.

An official from Ginnie Mae detailed how the agency’s tech modernization efforts align with HUD’s strategic and operational goals.

Ginnie Mae will play a crucial role in creating a more inclusive housing-finance system as part of HUD’s strategic plan.

Issuance of agency real estate mortgage investment conduits/collateralized mortgage obligations was essentially flat in 2021, with Ginnie sharply increasing its volume while GSE issuance declined. (Includes data chart.)

The market for Ginnie Mae MBS should begin to normalize soon, according to T. Rowe Price executive Keir Joyce.

Ginnie Mae President Alanna McCargo vows to vigorously support equity, diversity and inclusion in the housing industry.

Both the new capital rule and updated eligibility requirements for GSE seller/servicers could affect participants.

Issuance of non-agency MBS with deals backed by mortgages bought out from Ginnie Mae MBS has increased in recent months. Once they’re reperforming, those loans can be re-delivered to Ginnie.

Nonbank boosters continue to fear Ginnie Mae’s final capital rule may not accurately reflect the intrinsic value of MSRs. Others fear it could be too soft.

The government agency has rebranded its blog as part of a broader effort under Ginnie Mae President Alanna McCargo to enhance outreach.