An increase in purchase mortgages wasn’t enough to offset ongoing declines in refi volume, pushing issuance of Ginnie MBS down 2.9% in July compared with June. (Includes two data charts.)
Ginnie Mae issuance of single-family mortgage-backed securities declined 12.2% in the second quarter of 2022, as rising interest rates dragged the refinance market to new lows. (Includes four data charts.)
Ginnie Mae issuers securitized some $155.11 billion in mortgage-backed securities during the first quarter of 2022, a 17.5% decline on a sequential basis. (Includes four data charts.)
Issuance of Ginnie MBS with USDA home loans increased by 3.8% last year compared to 2020 figures, with $25.78 billion in volume. (Includes two data charts.)
Ginnie MBS issuance plummeted 16.8% in February amid rising interest rates. Refinances gave ground to purchase-money mortgages and modifications. (Includes two data charts.)
In January, only three of the top five Ginnie Mae issuers posted month-over-month gains. PennyMac held its top position at $8.7 billion, a 5.6% increase from December. (Includes two data charts.)
Issuance of Ginnie Mae mortgage-backed securities hit a record despite a slowdown in refi volume. The VA remained the top source of Ginnie activity for the second consecutive year. (Includes four data charts.)
Freedom Mortgage, Lakeview Loan Servicing and several other top Ginnie issuers managed to boost production in November, but the overall market was down 3% from October. (Includes two data charts.)
RSS