The FHA and Ginnie Mae programs both set new production highs during the second quarter of 2009, paced by an uncommonly high volume of refinance loans. The huge jump in FHA lending did not impact the agency’s share of total originations, however, which hovered around 18 percent for the second straight quarter. The FHA last week reported $36.86 billion of single-family... [Includes three graphs]
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
News Tailored to Your Needs
Get Focused Coverage
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.