Ginnie Mae announced the expansion of its mortgage-backed securities (MBS) portfolio to $2.76 trillion as of May. Ginnie Mae said that it issued $48 billion in total MBS last month, resulting in net portfolio growth of $17.6 billion. This issuance encompassed $46.3...
The Department of Housing and Urban Development (HUD) and Ginnie Mae signed a memorandum of understanding (MOU) with the Korea Housing Finance Corporation (KHFC) to encourage cross-border investment and collaboration between the US housing finance system and South...
Ginnie Mae announced that its mortgage-backed securities (MBS) portfolio outstanding reached $2.74 trillion as of April. The April issuance encompassed $42.2 billion in total MBS, resulting in a net portfolio growth of $10.6 billion. This included $40.7 billion in...
Ginnie Mae announced that its mortgage-backed securities (MBS) portfolio outstanding grew to $2.73 trillion as of March. The March issuance encompassed $31.4 billion in Ginnie Mae II MBS and $1.7 billion in Ginnie Mae I MBS, including $1.6 billion for multifamily...
Ginnie Mae has appointed Joseph M. Gormley as executive vice president and chief operating officer. In his new job, Gormley will lead Ginnie Mae’s strategic initiatives, operational functions, and risk management efforts. Gormley previously held several senior roles...
First American: $13.2 Trillion in Home Equity, 88% Held by Rate-Locked Borr…
