Tag Archives: Ginnie Mae

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

After weeks of leveling off, the share of mortgage loans in forbearance plans dipped this week, with a large shift in the location of many FHA and VA loans, which were bought out of Ginnie Mae pools and moved onto servicer balance sheets.

As many approach the 18-month mark since entering forbearance plans, the number of exits has diminished, with overall volume changing little over the previous week.

Overall forbearance volume slid slightly this week, as the MBA reported exits hit their slowest pace in more than a year.

The number of homeowners in forbearance plans tailed off yet again this week, as strong employment numbers and a growing economy are landing more back on solid financial footing.

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.

For the 20th consecutive week, the share of homeowners in forbearance plans declined as more return to the workforce and the economic continues to exhibit signs of recovery.

For the 12th consecutive month, Ginnie Mae issuance volume has surpassed the $70 billion mark, assisting 272,000-plus homeowners and renters with financing in June.

The number of Americans in stages of forbearance dips lower, a response to the addition of 850,000 jobs in the month of June.

The share of U.S. homeowners in forbearance has dropped below two million, as bright spots in the U.S. economy and positive movement in unemployment claims is allowing more to resume their monthly payments.