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.

Ginnie Mae is looking for ways in which smaller and less well-capitalized entities can access its securitization platform.

Still some milk left in the EBO cow? As Jay Bray of Mr. Cooper put it: “With forbearance programs winding down, the EBO opportunity is rapidly diminishing.”

Ginnie Mae has added a “green status” field to its multifamily MBS disclosures, its first environmental, social and governance disclosure in the multifamily space.

Ginnie Mae should develop policies to attract more issuers to maintain its MBS program liquidity, according to Whalen Global Advisors.

Loan payoffs through refinancing and the like declined during the fourth quarter while buyouts plummeted. On an annual basis, loan removals were largely flat. (Includes data chart.)

Ginnie Mae’s Innovation Lab recently joined the U.S. Federal Housing Blockchain Network, among other tech-related developments.

The number of newly minted Ginnie Mae issuers has fallen dramatically the past year. Something to worry about or the byproduct of the mortgage industry’s cyclicality?