Secondary Market

Acting FHFA Director Sandra L. Thompson spoke before the Senate Banking Committee, pending her confirmation as Director of the Agency.

Beginning April 1, Fannie Mae and Freddie Mac will add upfront fees to both high-balance loans and second home loans.

McCargo becomes the first woman in Ginnie Mae’s history to hold the position of President.

To meet its goal of supporting equitable access to housing opportunities nationwide, the FHFA has issued its single-family and multi-family housing goals and subgoals for 2022-2024.

Assuming the vacant role of Ginnie Mae President, Alanna McCargo brings experience with both HUD and Fannie Mae to her new role.

In a banner year for the industry, the ascension in home prices has forced baseline conforming loan limits to rise to $647,200 in 2022.

Ginnie’s mortgage-backed securities issuance fell month-over-month in October, despite reporting it had passed $1 trillion in principal and interest payments through to investors in FY2021.

A recent webinar hosted by DS News, and sponsored by Incenter, discussed Ginnie Mae eligibility requirements for single-family MBS issuers. 

Despite a slowdown in loan production, Ginnie Mae continues to see strong MBS issuance and steady investor demand in its latest report covering August.

For the 13th consecutive month, Ginnie Mae issuance volume exceeds the $70 billion mark, assisting 274,000-plus homeowners and renters with financing in July.