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Ginnie Mae’s MBS Portfolio Reached $2.74 Trillion in April

Ginnie Mae’s MBS Portfolio Reached $2.74 Trillion in April

by Phil Hall | May 16, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

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’s MBS Portfolio Reached $2.74 Trillion in April

Ginnie Mae MBS Portfolio Reached $2.73 Trillion in March

by Phil Hall | Apr 18, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

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...
New Chief Operating Officer at Ginnie Mae

New Chief Operating Officer at Ginnie Mae

by Phil Hall | Apr 17, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

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...
Ginnie Mae’s MBS Portfolio Reached $2.74 Trillion in April

Ginnie Mae MBS Portfolio Reached $2.71 Trillion in January

by Phil Hall | Feb 28, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Ginnie Mae announced its mortgage-backed securities (MBS) portfolio outstanding grew to $2.71 trillion as of January. Ginnie Mae issued $39.8 billion in total MBS last month, resulting in a net portfolio growth of $16.7 billion. Of that amount, $38.4 billion was...
Alanna McCargo Steps Down as FHLBank San Francisco Chief Executive

Alanna McCargo Steps Down as FHLBank San Francisco Chief Executive

by Phil Hall | Jan 31, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) announced President and CEO Alanna McCargo is stepping down, effective immediately. McCargo will transition into a new role as special policy advisor, working directly with the chairman of the board...
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