Monday, March 18, 2024
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 Statement on COVID-19

National
In the wake of the COVID-19 outbreak, Ginnie Mae is positioned to continue providing services across its range of stakeholders. We are in close communication with issuers, servicers, vendors, and trustees.
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.137 Trillion

National
Ginnie Mae announced that issuance of its mortgage-backed securities (MBS) totaled $52.64 billion in February, providing financing for more than 210,000 homeowners and renters.
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.130 Trillion

National
Ginnie Mae announced that issuance of its mortgage-backed securities (MBS) totaled $57.85 billion in January, providing financing for more than 223,938 homeowners and renters.
Ginnie Mae

Ginnie Mae Executives to Discuss Housing Finance Reform and Counterparty Risk at Mortgage Bankers...

National
Ginnie Mae executives are scheduled to deliver presentations next week at the Mortgage Banker’s Association’s (MBA) Independent Mortgage Bankers conference updating the mortgage industry
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.118 Trillion

National
Ginnie Mae announced that issuance of its mortgage-backed securities (MBS) totaled $54.74 billion in December, providing financing for more than 214,999 homeowners and renters.
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.111 Trillion

National
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $56.09 billion in November, providing financing for more than 216,352 homeowners and renters
Ginnie Mae

Ginnie Mae’s Director of MBS Policy and Program Development to Speak at Rewired Conference

National
Angel Hernandez, Ginnie Mae’s Director of MBS Policy and Program Development, will outline the corporation’s progress in the development of a digital mortgage solution framework
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.101 Trillion

National
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $60.046 billion in October, providing financing for more than 229,000 homeowners and renters
Ginnie Mae

Ginnie Mae Selects eOriginal, Inc for eVault Software Services

National
Ginnie Mae announced today that it selected eOriginal, Inc. as its provider for eVault software and services. eOriginal will serve as a key business partner in Ginnie Mae’s implementation of its digital collateral pilot
Ginnie Mae

Ginnie Mae Conference Call to Provide Leadership Transition Update

National
Ginnie Mae will host a conference call on Wednesday, October 16, 2019 at 5:00 p.m. EST to update the mortgage finance and investor communities regarding the recent leadership transition at the agency.
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.093 Trillion

National
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $53.517 billion in September, providing financing for more than 207,000 homeowners and renters.
Ginnie Mae

Ginnie Mae Executive Vice President Kasper To Pursue New Opportunity

National
The U.S. Department of Housing and Urban Development (HUD) and the Government National Mortgage Association (Ginnie Mae) today announced Executive Vice President and Chief Operations Officer Maren Kasper will be stepping down on October 18 to pursue an opportunity in the private sector
Ginnie Mae

Ginnie Mae reinstates NewDay USA and Sun West Mortgage Company to participation in multi-Issuer...

National
Ginnie Mae announced that it has removed the previously announced restriction limiting NewDay USA and Sun West Mortgage Company, Inc. to Ginnie Mae II custom pools for VA single
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.08 Trillion

National
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $47.188 billion in July, the highest since December 2016.
Ginnie Mae

Ginnie Mae Announces Changes to Eligibility of High Loan-to-value VA Cash-out Refinance Loans in...

National
Ginnie Mae issued All Participants Memorandum 19-05 (APM 19-05), which announces the implementation of changes to pooling eligibility requirements for Department of Veteran's Affairs (VA) -insured or -guaranteed mortgages.
Ginnie Mae

Ginnie Mae Solicits Feedback on its Stress Testing Framework

National
Ginnie Mae published a Request for Input (RFI) on the analytical framework it is developing to assess Issuer financial performance under a variety of economic environments. This RFI is part of the agency’s continuing efforts to monitor and support the sustainability of the Ginnie Mae mortgage-backed securities (MBS) market.
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.076 Trillion

National
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $44.217 billion in June, the highest since December 2016. A breakdown of June issuance includes $42.785 billion of Ginnie Mae II MBS and $1.432 billion of Ginnie Mae I MBS
Ginnie Mae

Ginnie Mae reinstates loanDepot’s participation in multi-Issuer securities

National
Ginnie Mae announced that it has removed the previously announced restriction limiting loanDepot to Ginnie Mae II custom pools for VA single family guaranteed loans.
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.068 Trillion

National
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $39.829 billion in May. A breakdown of May issuance includes $38.571 billion of Ginnie Mae II MBS and $1.517 billion
Ginnie Mae

Ginnie Mae Publishes Ginnie Mae 2020 Progress Update

National
Ginnie Mae today released a progress update to its Ginnie Mae 2020 white paper, detailing strides the agency has made toward modernizing its mortgage-backed securities (MBS) platform

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

U.S. Senator Roger Marshall

Senator Marshalls Slams United Nations Climate Change Goals That Will Harm...

U.S. Senator Roger Marshall, M.D. released the following statement on the United Nations Net-Zero Banking Alliance’s (NZBA) decision to dramatically expand their Green New Deal