Following a boom in buyout activity of FHA and VA loans from Ginnie Mae pools in the first 18 months of the COVID-19 pandemic, loan removals continue to decline. (Includes data chart.)
FHA and VA delinquencies among Ginnie servicers continued to drop from their pandemic peaks during the first quarter of 2022. Three of the top five servicers increased their government-insured servicing portfolio. (Includes four data charts.)
Issuance of Ginnie MBS with USDA home loans increased by 3.8% last year compared to 2020 figures, with $25.78 billion in volume. (Includes two data charts.)
California continued to have a solid lead in originations of home-equity conversion mortgages in the first nine months of 2021. (Includes two data charts.)
While lenders contend lower FHA insurance premiums will help attract more borrowers, FHA wants to protect the resiliency of its program. (Includes data chart.)
Loan removals from Ginnie MBS declined nearly 10% from the second to the third quarter, with the sharpest drop in buyouts of delinquent loans. (Includes data chart.)
Refinances made up nearly 50% of the reverse mortgages originated in the second quarter of 2021. Overall volume in the HECM market increased in the first six months compared to the same period a year earlier. (Includes two data charts.)
Investors in Ginnie MBS will soon receive new pool-level data as part of disclosures regarding environmental, social and governance factors. (Includes data chart.)
Delinquency rates remain at low levels for multifamily mortgages in Ginnie MBS, though modified loans accounted for 18% the outstanding market. (Includes data chart.)