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Home » Topics » Agency MBS » Ginnie Mae

Ginnie Mae
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Ginnie Automates Manual Tasks in Bid to Modernize

November 7, 2019
George Brooks
Ginnie Mae has initiated robotic process automation to replicate certain simple, repetitive human tasks. It does not include robots.
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New Residential Might Nix Stock Buyback Effort

November 7, 2019
Paul Muolo
MBS and MSR investor New Residential signaled that it might engage in a large stock buyback program, but so far there’s been no activity. It’s possible political considerations might be a factor.
Read More

Is the Trump Administration Pondering a Ginnie Mae Pick?

October 31, 2019
Paul Muolo
Three names are being kicked around to head Ginnie Mae, the government’s $2 trillion MBS guarantor: Robert Couch, Clinton Jones and Joe Murin. But is something else afoot?
Read More

Ginnie Mae Seeks Feedback on Digital Collateral Guidance

October 31, 2019
George Brooks
The agency is seeking comment on an initial draft policy guidance for accepting digitized mortgages and loan packages as underlying collateral for Ginnie MBS.
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Ginnie Has No President at All. A Nomination Coming?

October 17, 2019
Paul Muolo
The White House plans to nominate someone to lead Ginnie Mae but given the current political turmoil in Washington, is this a pipe dream? Investors don’t seem worried about the agency, at least not yet.
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Three Years in and Still No ‘Permanent’ President at Ginnie Mae

October 10, 2019
Paul Muolo
Ginnie Mae, the government guarantor that backs $2 trillion in mortgage assets, still doesn’t have a permanent president even though the election took place three years ago. Will anything change?
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Senate Appropriators Seek Review of Ginnie Workforce

September 26, 2019
George Brooks
The Appropriations Committee has asked HUD to analyze the role outside contractors play in carrying out Ginnie’s mission-critical functions.
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Ginnie Reinstates Sun West, NewDay in Multi-Issuer Pools

September 12, 2019
George Brooks
The agency has removed restrictions on NewDay USA and Sun West Mortgage from including VA single-family loans in multi-issuer pools.
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Treasury Sees Bigger Role for Ginnie Post Housing Reforms

September 11, 2019
George Brooks
Treasury recommends Congress authorize Ginnie Mae to provide “last position” guarantee on MBS backed by conventional and multifamily home loans as well as give it the flexibility to adjust its guarantee fee.
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New Ginnie Rules to Strengthen Counterparty-Risk Management

August 22, 2019
George Brooks
Ginnie Mae announced new rating requirements and risk factors to improve and strengthen its oversight of MBS program participants.
Read More
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