Skip to main content

Ginnie Mae Guarantees $23 Billion-Plus in MBS in April
May 29, 2014

Ginnie Mae announced that it guaranteed $23.32 billion in mortgage-backed securities (MBS) in April 2014. More than $21.66 billion in Ginnie Mae II single-family pools were issued in April, while Ginnie Mae I single-family pools totaled nearly $449 million. In addition, Ginnie Mae issued nearly $1.66 billion in multifamily MBS in April. Issuance for the Ginnie Mae Home Equity Conversion Mortgage-Backed Securities (HMBS), included in Ginnie Mae II single-family pools, was $395 million. “Ginnie Mae’s strong Issuance record indicates that there is still a strong need for our robust presence in the housing finance market,” said Ginnie Mae President Ted Tozer. “It is essential that we remain committed to our important role of providing liquidity for affordable rental and homeownership opportunities in the United States as the MBS market and housing finance system continues to evolve."  
The New URLA – What’s the Big Deal?

Lenders will need to update their technology stack to comply with the redesigned URLA.

Regulation and Compliance
Jun 14, 2021
Texas State Legislators Looks To Protect Reverse Mortgage Borrowers

A Texas House Bill has been introduced to prevent false, misleading or deceptive advertising by reverse mortgage lenders.

Jun 02, 2021
Could Prudential Standards for Nonbank Mortgage Servicers be Eased?

From The Desk Of The “Om-Bobs-Man”

Regulation and Compliance
May 31, 2021
Get Ready to Duck and Cover

After years of hands-off attitude by regulators, a new wave of mortgage enforcement is building. Expect a tsunami.

Regulation and Compliance
May 13, 2021