Ginnie Mae flags IMB outliers, TPP delinquencies, Show Me risk

Ginnie Mae flags IMB outliers, TPP delinquencies, Show Me risk

Ginnie Mae flags IMB outliers, TPP delinquencies, Show Me risk Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 2 hours ago LatestYour Feed... Read more »
Ginnie Mae report touts commitment to reverse mortgage space

Ginnie Mae report touts commitment to reverse mortgage space

Ginnie Mae this week released its fiscal year 2024 financial report, which describes how the company has aimed to provide liquidity to the mortgage industry, accessibility to affordable housing and value to... Read more »
Sam Valverde to resign from Ginnie Mae

Sam Valverde to resign from Ginnie Mae

Sam Valverde, currently serving as the acting president of Ginnie Mae, is resigning from his position as of Nov. 30, 2024, according to an announcement made by the U.S. Department of Housing... Read more »
Sam Valverde to resign from Ginnie Mae

Ginnie Mae’s Sam Valverde on the mission of the reverse securities program

Ginnie Mae has taken a far more active role in the reverse mortgage industry over the past two years, stemming from the failure of a major industry lender that threatened liquidity for... Read more »
Ginnie Mae warns issuer partners about faster prepayments

Ginnie Mae warns issuer partners about faster prepayments

Ginnie Mae this week issued a public notice to its issuer partners warning of an observation of higher prepayments in some of its mortgage-backed securities (MBS) programs, reminding issuers that a violation... Read more »
Ginnie Mae warns issuer partners about faster prepayments

Judge allows bulk of Texas Capital case against Ginnie Mae to proceed

The federal judge overseeing a case brought by Texas Capital Bank (TCB) against Ginnie Mae has dismissed a portion of the bank’s complaint against the government-owned company but will allow the majority... Read more »
Ginnie Mae warns issuer partners about faster prepayments

Ginnie Mae seeks budget increase to manage sizable reverse mortgage portfolio

As part of the budget request submitted to Congress by President Joe Biden and the White House, the U.S. Department of Housing and Urban Development (HUD) detailed some of its hopes for... Read more »
Ginnie Mae warns issuer partners about faster prepayments

Ginnie Mae contends TCB can’t rely on alleged verbal promises in lawsuit

Since the original filing of a lawsuit about the extinguishment of a priority lien tied to the loan portfolio collateral of Reverse Mortgage Funding (RMF), Texas Capital Bank (TCB) has argued in... Read more »
Congress passes spending bills to avoid shutdown, adds to Ginnie Mae budget

Congress passes spending bills to avoid shutdown, adds to Ginnie Mae budget

The U.S. House of Representatives on Wednesday passed a series of six spending bills that will avoid a partial shutdown of the federal government while adding some additional budget capacity to Ginnie... Read more »
Ginnie Mae warns issuer partners about faster prepayments

Texas Capital Bank shoots back at Ginnie Mae over dismissal motion

Roughly 24 hours after filing an objection to the U.S. government’s motion to stop the gathering of evidence in a case against Ginnie Mae, Texas Capital Bank (TCB) responded to the government’s... Read more »