Ginnie Mae, a wholly-owned government corporation that attracts global capital into the housing finance system to support homeownership for veterans and millions of homeowners throughout the country, has announced that issuance of its mortgage-backed securities (MBS) hit a total of ...
Read More »The Policy Makers
Some of the industry’s greatest minds discuss the lessons they learned during the housing crisis, and how it’s shaping their stance on housing policy today. Editor’s Note: This story was originally featured in the April issue of DSNews, out now.
Read More »Five Star Government Forum Unites Banking and Government Leaders
Housing and housing finance reforms, especially for the underserved, will be top of the agenda at the ninth annual Five Star Government Forum on Tuesday in Washington, D.C. Leaders in mortgage banking and the federal government will engage and have ...
Read More »The Industry Pulse: Updates on Black Knight, Ginnie Mae, and More …
From new appointments to new milestones, get the latest information on the industry in this weekly update. Florida-based Black Knight, Inc. announced that Fannie Mae has signed an agreement to continue its use of the Default Management Reporting System (DMRS). Developed by ...
Read More »MPF Program and Ginnie Mae Surpass $1 Bn in MBS
The MPF Program recently surpassed $1 billion in mortgage-backed securities (MBS) issued. The MPF Government MBS product was the result of a partnership forged by the Federal Home Loan Bank of Chicago and Ginnie Mae to issue securities guaranteed by ...
Read More »Reverse Mortgage Securities Market Booming—for Now
February 2018 was an excellent month for investors in reverse mortgage securities. According to New View Advisors, a financial services advisory firm located in New York, issuers of home-equity conversion mortgage-backed securities (HMBS) sold 129 pools in February, totaling $1.47 ...
Read More »Ginnie Mae MBS Outstanding Issuance Approaches $2 Trillion
On Thursday, Ginnie Mae—the government-owned corporation that attracts global capital into the housing finance system—announced that issuance of its mortgage-backed securities (MBS) totaled $36.41 billion in January 2018. This brings Ginnie Mae’s total outstanding principal balance to $1.924 trillion, up ...
Read More »Ginnie Mae and Other Mortgage Leaders React to Government Shutdown
As companies brace themselves for what a prolonged shutdown could mean, Ginnie Mae announced on Sunday that its operations will continue despite the shutdown
Read More »FHA Reverse Mortgage MBS Issuances Surged in Q4 2017
NewView Advisors, LLC, a financial services firm based in New York, has released a new look at the state of HECM mortgage-backed securities for 2017. HECM is the Federal Housing Administration’s (FHA) Home Equity Conversion Mortgage reverse mortgage program, which ...
Read More »Ginnie Mae: Outstanding Principal Balance Edges Closer to $2 Trillion
The GSE has released its latest Unpaid Principal Balance Summary, revealing that Ginnie Mae issued nearly $40 billion of MBS for the month of November 2017.
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