Tag Archives: Ginnie Mae

With decades of shared experience in housing finance, policy, and financial services, Sam Valverde and Felecia Rotellini join Ginnie Mae as EVP and Senior Advisor & Chief of Staff to the President, respectively.

More than 190,000 U.S. homes were financed in February through Ginnie Mae MBS financing.

Request for input seeks to strengthen, and provide transparency, required capital and liquidity for GSE seller/servicers with different business models.

Despite the overall national forbearance rate nearing the 1% mark, the rate of forbearance exits reached another low since MBA began tracking exits in June 2020.

Current MBS numbers have fallen short of the prior year, where approximately 242,793 homes and apartment units were financed in December of 2021.

On Friday afternoon, Ginnie Mae issued a new memorandum (APM 22-01) stating that they are streamlining its documentation requirements for servicers participating in the Federal Housing Administration’s (FHA) Advanced Loan Modification program (ALM).  The memo does away with the requirement for recordation and title insurance in some cases.  The new policy supports ...

The number of homeowners in forbearance plans fell further in December, as the MBA estimates that just 705,000 U.S. homeowners are currently in some stage of forbearance.

More than 242,000 homes and apartment units were financed by Ginnie Mae guaranteed MBS in December nationwide, as the the Fed continues working to shrink the agency’s balance sheet.

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

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