Report reveals delinquencies have returned to pre-crisis levels. Most homeowners in forbearance cite financial problems linked to the COVID-19 pandemic. Forbearance numbers for federal home loan programs remained low during August, according to the latest GNM Mortgage Credit Monthly Report published by Recursion. In the current state of the Ginnie Mae portfolio, 14.23% of mortgages … The post Ginnie Mae: …
Read More »Record-Breaking Month for Mortgage-Backed Securities at Ginnie Mae
MBS issuances reached $70.04 billion, and the dollar amount reflects a greater number of families succeeding at homeownership. Mortgage-backed securities (MBS) issued by Ginnie Mae in July totaled a corporate-wide record of $70.04 billion. This translates to financing for more than 261,000 homeowners and renters, the agency reported. “As mortgage rates reached new all-time lows … The post Record-Breaking Month …
Read More »Ginnie Mae To Begin Accepting Digital Collateral
Issuers can apply to take part in the early phase of the new Digital Collateral Program. The post Ginnie Mae To Begin Accepting Digital Collateral appeared first on DSNews.
Read More »Ginne Mae Issues $61B in MBS in June
This was the third consecutive month that it has issued more than $60 billion in mortgage backed securities. However, Ginnie Mae’s outstanding balance also reported an increase. The post Ginne Mae Issues $61B in MBS in June appeared first on DSNews.
Read More »Ginnie Mae Announces Borrower Relief Options
New guidelines put in place to handle loans that are in delinquent. Click through to read more. The post Ginnie Mae Announces Borrower Relief Options appeared first on DSNews.
Read More »Ginnie Mae Attracting Investors
The company looks to stabilize the market during economic downturns, as its MBS production rose to $63 billion. The post Ginnie Mae Attracting Investors appeared first on DSNews.
Read More »DS5: The Future of the Pass-Through Assistance Program
Seth Appleton, the Principal EVP of Ginnie Mae delves into the purpose and future of Ginnie Mae’s Pass-Through Assistance Program. The post DS5: The Future of the Pass-Through Assistance Program appeared first on DSNews.
Read More »Ginnie Mae Issues $63.81B in MBS
Ginnie Mae has hit an all-time record in MBS issuance. Here’s how many homeowners these securities provide financing for. The post Ginnie Mae Issues $63.81B in MBS appeared first on DSNews.
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