The Government National Mortgage Association has released an update on its issuance and outstanding unpaid balances of mortgage-backed securities. Click through to learn more about the state of Ginnie Mae's MBS issuance.
Read More »Ginnie Mae Mortgage-Backed Securities Issuance Approaches Milestone
The Government National Mortgage Association has released an update on its issuance and outstanding unpaid balances of mortgage-backed securities. Click through to learn more about the state of Ginnie Mae's MBS issuance.
Read More »Freddie Mac Announces Securitization of Reperforming Loans
The GSE’s second Seasoned Credit Risk Transfer Trust offering of 2018 has been priced at approximately $1.6 billion. Click through for the details.
Read More »Goldman Sachs Mortgage Relief Settlement Actions Near $1B
Goldman Sachs is approaching the billion-dollar mark for mandated consumer-relief actions stemming from two mortgage-related settlement agreements with the U.S. Department of Justice and three states. Professor Eric D. Green, who serves as independent Monitor for the company’s consumer-relief agreements, ...
Read More »What’s Happening With Reverse Mortgage-Backed Securities?
Home equity conversion mortgage-backed securities supply took a bit of a dive in March 2018, dropping by over $200 million month-over-month. That’s according to a new report by New View Advisors, “a financial services firm advising clients on capital markets, ...
Read More »The State of Ginnie Mae MBS Issuance
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 »GSEs Launching Uniform Mortgage-Backed Securities
Beginning on June 3, 2019, the GSEs will begin issuing a new common security known as the Uniform Mortgage-Backed Security (UMBS). The Federal Housing Finance Agency announced the change on Wednesday, revealing that the common securities will replace the Enterprises’ ...
Read More »Fannie Mae Recognized as Largest Issuer of Green Bonds
The Climate Bond Initiative, as part of the Third Annual Green Bond Pioneer Awards, recognized Fannie Mae as the 2017 Largest Issuer of Green Bonds in the world. The awards are a globally recognized symbol of innovation and achievement in green ...
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 »Royal Bank of Scotland Settles for $500 Million
New York Attorney General Eric T. Schneiderman this week announced a $500 million settlement between the state and Royal Bank of Scotland. The settlement relates to claims that the bank misled investors over the quality of risky mortgage-backed securities leading ...
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