Thursday, April 25, 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 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
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.

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