Freedom Mortgage remained the top Ginnie MBS issuer in the first quarter, though third-ranked Quicken Loans posted a mighty 47% gain from the prior period. Some 57% of loans securitized by Ginnie had VA guarantees. (Includes four data charts.)
A former HUD official has agreed to pay $25,000 to settle allegations that, while still employed at the department, he negotiated future employment with a lender that does business with HUD.