Ginnie Working to Accept Smaller Lenders August 16, 2023 Monica Hogan Many smaller lenders can’t access the Ginnie platform because its eligibility standards require issuers to have “huge volumes,” Ginnie President Alanna McCargo noted.Read More
Ginnie Issuance Slows in July on FHA Activity August 15, 2023 Monica Hogan FHA securitization volume declined 5.2%, while issuance tied to VA loans inched up by 1.2% from June to July.Read More
After a Multi-Year Low, Ginnie Loan Removals Spike in 2Q23 August 14, 2023 Brandon Ivey In case you didn't know, thanks to higher interest rates, the Ginnie "early buyout" game is over...Read More
Ginnie Exploring Credit Facilities for Nonbanks August 8, 2023 Monica Hogan Ginnie Mae President Alanna McCargo said nonbank liquidity is the biggest challenge facing the government mortgage system.Read More
Congress Divided on HUD Funding for FY 2024 August 1, 2023 Monica Hogan The House is seeking lower funding levels for HUD and a September deadline is fast approaching.Read More
FHA and VA Delinquencies Rise in Second Quarter July 31, 2023 Monica Hogan The uptick was more pronounced for FHA mortgages.Read More
Agency Delinquencies Increase in Second Quarter July 27, 2023 Brandon Ivey The total delinquency rate on agency MBS hit 2.60% at the end of June.Read More
Ginnie Issuance Increases in 2Q, FHA and VA Up July 20, 2023 Monica Hogan Ginnie issuance increased by 33.7% on a quarterly basis in the second quarter.Read More
House Republicans Push Lower Funding Levels for HUD July 18, 2023 Monica Hogan The budget proposal would eliminate several HUD programs and makes deep cuts to others.Read More
Agency MBS Issuance Increases After Nine Quarterly Declines July 14, 2023 John Bancroft The GSEs outpaced Ginnie in terms of growth in MBS issuance in the second quarter.Read More
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