FHFA recently hosted the Fall 2023 Econ Summit, an exchange of ideas on climate change and insurance; land use and risk modeling; and the impact of disaster risk on home prices.
Read More »National Property Preservation Conference Returned to Washington, D.C.
The annual National Property Preservation Conference once again brought together a cross-section of field services vendors, mortgage servicing professionals, and representatives of government agencies and the GSEs to “discuss pressing issues and develop solutions.”
Read More »Ginnie Mae Planning New Reverse MBS
Due to continued liquidity constraints in the reverse mortgage space, Ginnie Mae has begun exploring a new securitization product that would accept HECM loans with balances above 98% of FHA’s Maximum Claim Amount.
Read More »Ginnie Mae’s MBS Portfolio Surpasses $2.5T
December’s new mortgage-backed securities issuance by Ginnie Mae will support the financing of nearly 95,000 households, including more than 47,000 for first-time homebuyers.
Read More »Trade Groups Push for FY 2024 Funding of FHA and Ginnie Mae
Seven industry trade groups have reached out to members of Congress to support the full funding of both the FHA and Ginnie Mae for Fiscal Year 2024 to enable the ongoing commitment to affordable homeownership initiatives.
Read More »Report: How Many U.S. Home Mortgages Are Performing?
According to the MBA, the share of mortgage loans in forbearance decreased to 0.26% nationwide in November, with roughly 70% of loan workouts initiated since 2020 classified as current.
Read More »Ginnie Mae MBS Tops $2.5T
For the 2023 calendar year-to-date, Ginnie Mae has supported the pooling and securitization of more than 570,000 first-time homebuyer loans.
Read More »Ginnie Mae MBS Issuance Topped $404B in FY 2023
In its Annual Financial Report, Ginnie Mae highlights its financial performance and accomplishments over the past year, as it supported affordable, equitable homeownership and rental housing for tens of millions of American households.
Read More »Ginnie Mae Revises Its Definition of High Balance Loans
In order to more closely align with the FHFA’s hike in conforming loan limits for 2024, Ginnie Mae has revised its definition of High Balance Loans for single-family forward mortgage loans nationwide.
Read More »Ginnie Mae Updates on MBS Guide, Single-Family Pool Delivery Module
“I am pleased to announce this final milestone of the SFPDM transition as part of our ongoing modernization and business transformation initiative,” said Ginnie Mae President Alanna McCargo. “The timely and successful completion of this enhancement is due to the combined efforts of the Ginnie Mae staff and our partners in the Issuer community.”
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