Secondary

Fannie Mae closed 2016 with annual net income of $12.3 billion and annual comprehensive income of $11.7 billion
Fannie Mae closed 2016 with annual net income of $12.3 billion and annual comprehensive income of $11.7 billion plus a positive net worth of $6.1 billion, according to a new filing by the government-sponsored enterprise. For the fourth quarter of 2016, Fannie Mae reported net income of $5 billion... Keep Reading....
Within the real estate investment trust (REIT) industry, Kenneth D. Campbell has rock star status. A one-time journalist, he founded Audit Investments Inc. in 1969 and merged the firm in 1992 into a new entity that became CBRE Clarion Securities, a global real estate securities firm now managing $... more
The simple but strong business model that Ginnie Mae has built highlights the power of the federal government and the private sector working together. Through the efficiency and low-cost securitization of the model, Ginnie Mae fulfills the needs and demands of various market segments by leveraging... more
Ginnie Mae is a self-sustaining government corporation that provides access to mortgage credit for millions of families. Our common security leads to increased competition among lenders in the Ginnie Mae program. Ultimately, borrowers from students to seniors get the lowest possible rates. Like the... more
Ginnie Mae has named Nancy Corsiglia as Executive Vice President and Chief Operating Officer, reporting to President Ted Tozer
Ginnie Mae has named Nancy Corsiglia as Executive Vice President and Chief Operating Officer, reporting to President Ted Tozer. Corsiglia will administer Ginnie Mae’s $1.7 trillion Mortgage-Backed Securities (MBS) and Real Estate Mortgage Investment Conduit (REMIC) programs. She will also be ... more