Government

This week, nominees Alanna McCargo, James Arthur Jemison II, and Mark Colon will appear before the Senate as nominees for roles with Ginnie Mae and HUD.

The vote passed along party lines with a 50-48 vote, clearing the way for Chopra to serve as Director of the Bureau.

Forbearance volume has dipped below the 3% mark for the first time since March 2020, despite a slight uptick in the number of Ginnie Mae loans in forbearance.

Experts from Incenter will take part in the latest DS News webinar this week, taking a deeper dive into Ginnie Mae eligibility requirements for single-family MBS issuers and the impact of Ginnie’s recent RFI.

The Housing and Urban Development (HUD) Secretary Marcia Fudge called on local leaders to join a HUD-led initiative to create more homes in America. House America is a federal initiative in which HUD and the U.S. Interagency Council on Homelessness ...

The Chairwoman of the House Financial Services Committee has called upon President Biden to drop the Acting Director title and nominate Sandra L. Thompson as Director of FHFA.

A majority of Financial Services Committee members voted to pass a portion of the Build Back Better bill to fund new and existing federal programs.

President Biden has nominated Alanna McCargo, Senior Advisor for Housing Finance in the U.S. Department of Housing and Urban Development (HUD), to be President of Ginnie Mae. It has been about four years since Ginnie Mae—which serves as the principal financing ...

Biden Administration wants to create 100,000 new affordable homes in the next three years. 

While increased competition has created some pessimism, survey respondents with a more bullish outlook cited GSE policies and strong consumer demand.