New Ginnie Mae mortgage-backed securities volume in the first quarter of 2019 declined to the lowest level in nearly five years. Total single-family MBS production fell 15.7% sequentially to $76.97 billion.
Bipartisan legislation introduced in the House late last month calls for allowing previously "orphaned" VA refinance loans to be pooled in Ginnie Mae mortgage-backed securities.
Important tools for eliminating discrimination from the housing market are in danger of being weakened or even dismantled by the White House. Fair housing activists, to say the least, are not happy.
A U.S. district court judge in Detroit has directed Quicken Loans and DOJ to settle via mediation their dispute over poorly underwritten FHA loans. But will they?