Ginnie Mae's single-family outstanding was up 2.2% in the second quarter while the GSEs posted a 0.3% increase in servicing compared with the end of March..
Ted Tozer, Urban Institute non-resident fellow, argues that policymakers should update the FHA Modernization Act so lenders are no longer banned from providing downpayment assistance to FHA borrowers.
Lenders delivered $174.26 billion in loans into Fannie Mae and Freddie Mae mortgage-backed securities in the second quarter, a robust 37.9% sequential increase.
RSS