Authors Posts by Ginnie Mae

At Ginnie Mae, we help make affordable housing a reality for millions of low- and moderate-income households across America by channeling global capital into the nation's housing markets. Specifically, the Ginnie Mae guaranty allows mortgage lenders to obtain a better price for their mortgage loans in the secondary mortgage market. The lenders can then use the proceeds to fund new mortgage loans available. Without that liquidity, lenders would be forced to keep all loans in their own portfolio, meaning they would not have adequate capital to make new loans.

Unlike the GSEs, Ginnie Mae is profitable. We do not buy or sell loans or issue mortgage-backed securities (MBS). Therefore, our balance sheet doesn't use derivatives to hedge or carry long term debt.

Contact:

Phone: (202) 708-0926

Ginnie Mae

Ginnie Mae announces pooling restrictions for loanDepot; reinstates Freedom Mortgage’s participation in multi-Issuer securities

Today, Ginnie Mae announced that it has restricted Department of Veterans Affairs (VA) single family guaranteed loans pooled by loanDepot in Ginnie Mae pools to Ginnie Mae II custom pools only. loanDepot is restricted from including VA single family guaranteed loans in Ginnie Mae I or Ginnie Mae II multi-Issuer securities.
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.042 Trillion

Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $30.291 billion in December. A breakdown of December issuance includes $28.166 billion
Ginnie Mae

Ginnie Mae Postpones Annual Summit

Ginnie Mae announced today that the 2019 Ginnie Mae Summit, scheduled for February 4-5 in Washington D.C., is being postponed as a result of the ongoing government shutdown. The annual conference brings together participants in the Ginnie Mae MBS program and also serves as a symposium on broader housing finance issues for industry, investors, analysts, and policymakers
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.033 Trillion

Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $33.668 billion in November. A breakdown of November issuance includes $32.192 billion of Ginnie Mae II MBS and $1.476 billion of Ginnie Mae I MBS, which includes $1.316 billion of loans for multifamily housing.
Ginnie Mae

Ginnie Mae’s Mortgage-Backed Securities Portfolio Tops $2 Trillion, Providing More Americans the Opportunity for...

Ginnie Mae’s mortgage-backed securities (MBS) portfolio has reached $2.008 trillion in unpaid principal balance, the federal guarantor announced today. That’s up from $1 trillion just eight years ago
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $1.994 Trillion

Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $38.87 billion in August. A breakdown of August issuance includes $37.184 billion of Ginnie Mae II MBS and $1.688 billion of Ginnie Mae I MBS, which includes $1.528 billion of loans for multifamily housing
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $1.982 Trillion

Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $36.77 billion in July. A breakdown of July issuance includes $35.383 billion of Ginnie Mae II MBS and $1.391 billion of Ginnie Mae I MBS, which includes $1.229 billion of loans for multifamily housing.
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $1.971 Trillion

Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $37 billion in June. A breakdown of May issuance includes $35.330 billion of Ginnie Mae II MBS and $1.669 billion of Ginnie Mae I MBS
Ginnie Mae

Ginnie Mae restricts three VA mortgage lenders from its main securities programs

In the interest of providing additional clarity and transparency to Ginnie MBS investors, Ginnie Mae is announcing that it has restricted VA single family -guaranteed loans pooled by Freedom Mortgage Corporation (Freedom), SunWest Mortgage Company, Inc. (SunWest), and NewDay USA (NewDay) in Ginnie Mae pools to Ginnie Mae II custom pools only.
Ginnie Mae

Ginnie Mae announces changes to eligibility of VA refinance loans in Ginnie Mae securities...

Ginnie Mae issued an All Participants Memorandum (APM) APM 18-04 announcing implementation of changes to pooling eligibility requirements for Department of Veteran’s Affairs (VA) insured or guaranteed mortgages pursuant to the “Loan Seasoning for Ginnie Mae Mortgage-Backed Securities” provision in the Economic Growth, Regulatory Relief
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $1.950 Trillion

Ginnie Mae today announced that issuance of its mortgage back securities (MBS) totaled $34 billion in April. A breakdown of April issuance includes $32.437 billion of Ginnie Mae II MBS and $1.631 billion of Ginnie Mae I MBS, which includes $1.446 billion of loans for multifamily housing. MBS issuance for Fiscal Year 2018 to the end of April totaled $251.017 billion.
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $1.942 Trillion

Ginnie Mae today announced that issuance of its mortgage back securities (MBS) totaled $30.31 billion in March. A breakdown of March’s issuance includes $28.659 billion of Ginnie Mae II MBS and $1.651 billion of Ginnie Mae I MBS, which includes $1.412 billion of loans for multifamily housing.
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $1.934 Trillion

Ginnie Mae today announced that issuance of its mortgage back securities (MBS) totaled $33.22 billion in February. A breakdown of February’s issuance includes $31.512 billion of Ginnie Mae II MBS and $1.708 billion of Ginnie Mae I MBS, which provided access to $33.561 billion in capital for single family home loans and $1.387 billion for multifamily housing.
Ginnie Mae

The MPF® Program and Ginnie Mae Announce $1 Billion in MBS Issued

The MPF Program recently surpassed $1 billion in mortgage-backed securities (MBS) issued. The MPF Government MBS product was the result of a partnership forged by the Federal Home Loan Bank of Chicago and the Government National Mortgage Association (Ginnie Mae) to issue securities guaranteed by Ginnie Mae and backed by mortgages originated by FHLB member financial institutions.
Ginnie Mae

Ginnie Mae Notifies Select Market Participants to Take Corrective Action to Control ‘Churning’

Ginnie Mae continues to take steps to address churning in its mortgage-backed security (MBS) program. These efforts are designed to keep mortgage rates affordable for veterans and first-time home buyers, in addition to preserving the liquidity of the security around the globe.
Ginnie Mae

Ginnie Mae Operations To Continue During a Lapse in Government Funding

During a lapse in government funding, Ginnie Mae will reduce staffing to essential personnel levels. Importantly, Ginnie Mae will continue to remit timely payment of principal and interest to investors. There will also be no disruption of essential functions like the granting of commitment authority and support for continued issuance of Ginnie Mae-guaranteed Mortgage Backed Securities (MBS) and REMICs.
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $1.904 Trillion

Ginnie Mae today announced that issuance of its mortgage back securities (MBS) totaled $39.13 billion in November. A breakdown of November’s issuance includes $37.215 billion of Ginnie Mae II MBS and $1.986 billion of Ginnie Mae I MBS, which provided access to $37.734 billion in capital for single family home loans and $1.467 billion for multifamily home loans
Ginnie Mae

Ginnie Mae Breaks Annual Issuance Record in FY17

Ginnie Mae announced that its mortgage back securities (MBS) issuance totaled $504.58 billion for FY17, which is an all-time annual issuance record. Issuance in FY16 totaled $466.6 billion.
Ginnie Mae

VA, Ginnie Mae Create Task Force to Address Mortgage Refinancing Issues

The Government National Mortgage Association (Ginnie Mae) and the Department of Veterans Affairs (VA) announce the formation of the “Joint Ginnie Mae – VA Refinance Loan Task Force.”
Ginnie Mae

Ginnie Mae Issues Guidance for Disaster Pass-Through Assistance and Delinquency Ratio Exemptions for Qualifying...

Ginnie Mae issued an All Participants Memorandum (APM) – APM 17-04 to Single-Family Issuers providing updates and further guidance on the availability of optional, special assistance for Hurricanes Harvey, Irma or Maria including associated eligibility requirements and the application process.

Business Real Estate Press Releases

Top Tips For Buying Your First Home

Buying your first home can be stressful, but it doesn’t have to be. While moving home can be a whirlwind, with a good understanding of the process and what documents you need to be completed by what stage of the moving process, you can rest assured that your move will go to plan. In order to make buying your first home easier for you, we've put together some of our top tips.

Recent Gov & Nonprofit Real Estate Press Releases