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’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 for its mortgage-backed securities (MBS) program
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
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Ginnie Mae Extends 2019 Summit Registration Deadline to June 10, 2019

National
Ginnie Mae announced today that is has re-opened registration for the 2019 Ginnie Mae Summit due to strong demand. Nearly 1,000 mortgage industry participants and global fixed-income investors have signed up for the two-day event in Washington
Ginnie Mae

Ginnie Mae launches Platinum product for HECM Securities

Ginnie Mae announced today that investors in Ginnie Mae mortgage securities backed by Home Equity Conversion Mortgages (HECMs) can now take advantage of a new Platinum securities execution — the Home Equity Conversion Mortgages Backed Security (HMBS) Platinum securitization channel.
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.058 Trillion

Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $27.331 billion in March. A breakdown of February issuance includes $26.452 billion of Ginnie Mae II MBS and $879 million of Ginnie Mae I MBS, which includes $782 million of loans for multifamily housing
Ginnie Mae

Ginnie Mae’s Director of Single-Family Securitization to Speak at Information Management Network’s Technology Solutions...

Roy Hormuth, Ginnie Mae’s Director of Single Family Securitization, will be attending and speaking at the Information Management Network’s sixth annual Residential Mortgage Servicing Rights Conference
Ginnie Mae

Ginnie Mae’s Senior Vice President of Enterprise Data and Technology Solutions Joins Panels at...

Barbara Cooper-Jones will be attending and speaking at the Mortgage Bankers Association’s (MBA) 2019 Technology Solutions Conference and Expo (TECH19). The conference, scheduled for March 24-27 in Dallas
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.056 Trillion

Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $24.543 billion in February. A breakdown of February issuance includes $23.224 billion of Ginnie Mae

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

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.