Ted Tozer, former President of Ginnie Mae, has issued a paper via The Urban Institute detailing how Ginnie Mae could be utilized to support the nation’s housing system through the financing of independent mortgage banks. Click through to read Tozer’s entire proposal.
Read More »Lessons Learned From the Triumph of Pandemic Foreclosure Prevention
During the pandemic, an estimated 3.2 million foreclosure starts were prevented, along with the completion of approximately 1.5 million foreclosures.
Read More »The Week Ahead: What Lies Ahead for Loss Mitigation
An upcoming Urban Institute event will spotlight loss mitigation tools and how they have kept borrowers in their homes while dealing with hardships.
Read More »Commentary: Permanent Forbearance Could Prevent Future Foreclosures
A new Urban Institute report argues that the normalization of forbearances for life occurrences like job loss could keep thousands out of the foreclosure process every year.
Read More »Senate Confirms Alanna McCargo as Ginnie Mae Head
Assuming the vacant role of Ginnie Mae President, Alanna McCargo brings experience with both HUD and Fannie Mae to her new role.
Read More »The End of an Era: Tozer Talks
Seven years might not seem all that long a tenure in the corporate world, but in the land of political appointees, Ted Tozer’s near-decade at the helm of Ginnie Mae was a true anomaly. Editor's Note: This feature originally appeared in the June 2017 print edition of DS News.
Read More »Ginnie Mae: Transforming the Evolving Marketplace
Today’s housing market barely resembles the market that existed five or even four years ago, much less the environment that was in place when Ginnie Mae was created in 1968 or when it issued the world’s first mortgage-backed security (MBS) in 1970.
Read More »