After hitting an all-time monthly record in January, issuance of Ginnie single-family MBS slowed modestly last month. Still, a number of top issuers managed to boost volume. (Includes two data charts.)
During her confirmation hearing, the Ohio congresswomen faced strong criticism for her lack of experience in housing policy and past comments about Republicans.
A 4% monthly increase in Ginnie Mae refinance volume largely benefited the VA market, which accounted for 57% of Ginnie MBS issuance in January. (Includes two data charts.)
The VA home loan guaranty program accounted for 54% of single-family loans securitized in Ginnie MBS last year, thanks to a roaring refinance program. (Includes four data charts.)
Freedom Mortgage and PennyMac remained the top Ginnie MBS issuers in November, though their monthly production was down slightly. Quicken and Lakeview gained ground. (Includes two data charts.)
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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