April 3, 2020By Paul MuoloGinnie Tries to Reassure Investors About Nonbank Liquidity Ginnie and FHA are working with Treasury and the Fed to allay fears about nonbank liquidity as COVID-19 lays fallow the U.S. economy.
April 3, 2020By Paul MuoloGinnie Bulk Market Dead, MSR ‘Marks’ Will Be BrutalThere’s currently no bid for Ginnie Mae servicing rights and investment bankers are advising their clients to sit tight and ride it out.
April 3, 2020By Paul MuoloFreedom, a Top Ginnie Issuer, Has Its Debt Put on ‘Negative Watch’Freedom Mortgage, a key originator of FHA and VA loans, recently had its debt downgraded. Of course, it’s hardly alone on that score.