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...
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...
Ginnie Mae announced that its mortgage-backed securities (MBS) portfolio outstanding grew to $2.68 trillion as of November. In addition, Ginnie Mae issued nearly $50 billion in total MBS, resulting in net portfolio growth of $23.4 billion. Within that total sum, $48.5...
The Mortgage Bankers Association (MBA) is proposing the creation of a new Ginnie Mae securitization that would bring more private capital sources of liquidity to support Ginnie Mae issuers in the event of excessive market tumult. Under MBA’s proposal, an Early-Buyout...
Freddie Mac (OTCQB: FMCC) has announced the appointment of Sam Valverde as vice president of mission and community engagement within its single-family acquisitions division. Sam Valverde served as acting president from May through the end of November, when he stepped...
xAI-Linked Company Reportedly Targets 418 Mississippi Homes Amid Noise Laws…
