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Ginnie Business Slips Again in June

July 6, 2020
John Bancroft

After a record month of Ginnie MBS issuance in April, volume declined in May and June.


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HECM Production Spikes in 1Q But Sees a Sharp Drop in April

June 26, 2020
Namrata Bhatia
Reverse mortgage lenders pumped out $3.87 billion in the first three months of 2020. But originations took a big step back in April due to COVID-19. (Includes two data charts.)
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Significant Number of Loans in Forbearance Still Paying

June 26, 2020
John Bancroft
Roughly 10% of loans backing Ginnie Mae MBS at the end of May were in forbearance because of the COVID-19 pandemic, but over a quarter of them were still current. (Includes data chart.)
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Mortgages in COVID-19 Forbearance Declining

June 26, 2020
Maria Volkova
Meanwhile, delinquency rates are noticeably rising, according to Black Knight.
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FHA/VA Mortgages in Forbearance Leveling Off

June 12, 2020
Maria Volkova
Ginnie-backed loans under forbearance grew a mere 1 basis point as of May 31, according to the MBA. An indication of better times?
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Seniors Move to Tap Equity as Pandemic Spreads

May 29, 2020
Yemeng Yang
Seniors are tapping home equity during the coronavirus crisis, as evidenced by increased applications for Home Equity Conversion Mortgages.
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VA Market Performing Well Despite Pandemic

May 1, 2020
Maria Volkova
VA-backed lending remains a silver lining in an otherwise gloomy mortgage market.
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VA Securitization Volume Increases Sharply in 2019

March 20, 2020
Namrata Bhatia
VA deliveries into Ginnie MBS increased a stunning 44.5% in 2019. The share of refis in total VA securitization saw a sharp increase too. (Includes data chart.)
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Ginnie MBS Issuance Hits Seasonal Skid in February

March 6, 2020
John Bancroft
Refinance business held up better than the purchase market in February, and a handful of issuers actually increased their Ginnie MBS activity. (Includes two data charts.)
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Strong 4Q Not Enough for a Happy HECM Ending in 2019

March 6, 2020
George Brooks
Home Equity Conversion Mortgage endorsements dropped last year despite a strong fourth quarter. American Advisors Group retained its top position among HECM lenders. (Includes two data charts.)
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