Government National Mortgage Association (Ginnie Mae)

Partnership includes acquisition of Valon Mortgage, adds roughly 800,000 loans to Carrington’s platform and deepens the lender’s expansion across servicing, retail and Non-QM

Lopez brings experience across correspondent, wholesale, and risk management as lender expands platform and operational efficiency

President Trump’s call for Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds briefly lifted agency MBS prices, but analysts say the purchase is modest relative to market scale and unlikely to meaningfully lower mortgage rates

Ginnie Mae’s FY25 financial results underscore record MBS issuance, sustained investor confidence, and continued execution of its mission to expand affordable mortgage access across economic cycles

The U.S. Senate confirmed Frank Cassidy as HUD Assistant Secretary and FHA Commissioner and Joe Gormley as Ginnie Mae president, installing two veteran housing finance leaders to advance federal mortgage market stability, access, and affordability

The Mortgage Bankers Association has urged the FHA and Ginnie Mae to modernize and overhaul the HECM and HMBS programs to expand senior access, cut costs, and restore market liquidity