Tag Archives: ginnie mae

Democrats weighing government shutdown to protest DOGE cuts

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As March 14 debt ceiling deadline approaches, housing and mortgage finance industries brace for repercussions of DOGE cuts to federal workforce and programs. Continue reading →

DOGE’s moves could destabilize mortgage finance system

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National Housing Conference President and CEO David Dworkin, a centrist advocate for affordable housing stakeholders, warns of unintended consequences of downsizing of HUD, FHA and Ginnie Mae. Continue reading →

Mortgage groups urge FHA to ditch ‘life of loan’ premium payments

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Having just slashed annual mortgage insurance premiums on new FHA loans by 35 percent in March, and with total insurance in force growing faster than reserves, HUD officials show no signs of giving in to long-standing industry demands. Continue reading →

Investors who fund most home loans get new climate risk tool

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Intercontinental Exchange Inc. teams up with DeltaTerra Capital to translate physical climate risk estimates into financial risk assessments factoring in default risk, asset price depreciation and insurance costs. Continue reading →

Homepoint selling wholesale business to The Loan Store

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Parent company Home Point Capital to take an equity stake in The Loan Store, with Homepoint executive Phil Shoemaker to be installed as CEO when the deal closes by the end of the second quarter. Continue reading →

Sustained surge in mortgage rates could dent home sales

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In addition to worries about the potential impact of Fed tapering, there’s also uncertainty about the approaching U.S. debt ceiling and the future leadership of the Fed. Continue reading →

Black Knight acquires analytics firm eMBS Inc.

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Real estate data provider Black Knight has acquired eMBS Inc., a Tampa-based company that tracks the performance of nearly $7.5 trillion in mortgage-backed securities backed by Fannie Mae, Freddie Mac and Ginnie Mae. Continue reading →

Forbearance rate drops for seventh week in a row

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At 4.5 percent, the mortgage forbearance rate is 18 times higher than before the pandemic, but much improved from a high of 8.55 percent in June. Continue reading →

Share of mortgages in forbearance drop 3 points at end of February

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The overall decline of mortgage loans in forbearance was led by Ginnie Mae loans, which dropped by 7 basis points from the previous week to 7.28 percent of loans in forbearance. Continue reading →

NAR is fighting for these 6 issues in the 2018 midterm elections

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What are the issues most important to the National Association of Realtors, the largest real estate trade group in the nation and a powerful lobbying force? Continue reading →