Tag Archives: mortgage-backed securities (MBS)

Interim CEO and COO of Altisource’s Alternative Lending Group announces resignation as the company opens search for successor.

In order to more closely align with the FHFA’s hike in conforming loan limits for 2024, Ginnie Mae has revised its definition of High Balance Loans for single-family forward mortgage loans nationwide.

Ginnie Mae’s mortgage-backed securities portfolio grew to a whopping $2.49T last month. Read all the details after the link.

According to Ginnie Mae, August 2023’s new mortgage-backed securities issuance has supported the financing of more than 123,000 households, including 59,000 of that number comprised of first-time buyers.

As Ginnie Mae celebrates its 55th anniversary, its mortgage-backed securities portfolio outstanding grew to $2.44 trillion in July 2023, assisting more than 57,000 first-time homebuyers achieve the American dream of homeownership.

New webpage provides details on Ginnie Mae’s Environmental, Social, and Governance (ESG) strategy, with a focus on the environmental and social impacts its MBS program offers to investors.

The size of the GSE’s Green MBS issuance doubled from 2021 to 2022, reflecting market demand for green homes and environmentally focused investments.

Ginnie Mae reports that its June 2023 recorded MBS issuance will support the financing of 130,000-plus households nationwide, including more than 62,000 first-time homebuyers.

"These additional disclosures highlight a uniquely impactful portion of our business and enable investors to measure and potentially expand their impact across these communities," said Sam Valverde, Principal EVP of Ginnie Mae.

May’s mortgage-backed securities issuance supports the financing of more than 113,000 U.S. households, including more than 55,000 first-time homebuyers.