Tag Archives: Ginnie Mae

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.

Forbearance exits trickled below 1%, as the share of total loans in some stage of forbearance fell to 2.15% nationwide.

With millions of Americans remaining in forbearance plans, all eyes are turning to the servicing sector as the industry navigates complex regulatory and market changes. (Sponsored Content)

Boosted by a positive employment report, the number of homeowners in forbearance plans dropped yet again this week to 2.28% of U.S. households.

Ginnie Mae reported mortgage-backed securities issuance volume for fiscal year 2021 was a record $939 billion, with issuance for September coming in at approximately $73 billion.

The share of homeowners in forbearance continues to slide week-after-week, dropping this week to 2.89% of servicers’ volume, with nearly 1.4 million nationwide currently in plans.

As a single-source provider of mortgage services, CLS has 18 years of industry experience, continuing to positively impact their clients’ portfolios. (Sponsored Content)

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.

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.