For many homeowners, their current mortgage rate is too valuable (low) to give up...

When times get tough, the smart money starts to find ways to save money any way it can. If you’re SFR REIT Invitation Homes, prepaying an outstanding MBS is one way to go.

The tide may be turning for MBS-gobbling real estate investment trusts. If you’re an investor looking for a buy-low, sell-high trade, this may be it. That is, as long as rates don’t reverse course and head higher. Meanwhile, it’s almost a year since SoFi became an FDIC-insured bank.

Planet Home Lending issued $1.9 billion in Ginnies, ranking fourth overall...

To combat such “churn,” the agency is now advocating changes, including the establishment of a formal Ginnie/VA working group...

Issuance of Ginnie Mae single-family mortgage-backed securities dropped 5.6% in November as refinances hit their lowest level in more than three years. (Includes two data charts.)

Purchase-money mortgages accounted for 79.3% of November issuance...

Invitation Homes owns roughly 80,000 SFRs throughout the U.S.

In its report to Congress on the liquidity of the VA home loan program, Ginnie Mae also made recommendations for improving the lending market.

Former Ginnie President Ted Tozer, who attended the investor summit, said a big topic was what the rapid increase in interest rates means for MBS.