Ginnie Mae
Compliance & Regulatory, Mortgage ServicesThe Government National Mortgage Association, or Ginnie Mae, is a U.S. government-owned corporation that resides within the U.S. Department of Housing and Urban Development (HUD). Its guaranty allows mortgage lenders to obtain a better price for their mortgage loans in the secondary mortgage market. The lenders can then use the proceeds of a sale of loans to fund new mortgage loans.
Ginnie Mae was founded with the signing of the Housing and Urban Development Act of 1968 signed into law by President Lyndon Johnson, and is headquartered alongside HUD in Washington, D.C.
Latest Ginnie Mae News
Judge sets pretrial deadlines in Texas Capital suit against Ginnie Mae
Jan 23, 2024A magistrate judge set key deadlines in the TCB/Ginnie Mae suit, but several come in 2025 which may bring new government decision-makers.
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Former Ginnie Mae president applauds the development of new HMBS product
Jan 18, 2024 -
RMF estate, now ‘out of money,’ seeks conversion to Chapter 7 bankruptcy
Jan 17, 2024 -
Ginnie Mae to explore new reverse mortgage-backed security product
Jan 16, 2024 -
Ginnie Mae fires back over RMF lending suit, seeks case dismissal
Jan 11, 2024 -
CBO projects FHA to lose $7 billion in 2024 receipts; budget cuts could impact reverse mortgages
Jan 05, 2024 -
Reverse mortgage volume and securities issuance trend lower in December
Jan 04, 2024 -
The 3 biggest reverse mortgage news stories of 2023
Jan 02, 2024 -
‘Mortgage winter’ is expected to thaw a bit
Dec 22, 2023 -
Housing groups jointly sign letter urging full funding for FHA, Ginnie Mae
Dec 18, 2023
Ginnie Mae Content
Don’t let the upcoming Ginnie Mae stress tests stress you out
Jan 24, 2019 5:00 pmTen years after the housing and mortgage-market crash and subsequent reforms, there is renewed concern about the liquidity risk in the mortgage market and Ginnie Mae has suggested a series of stress tests they will be imposing on nonbank lenders in the near future. In this environment, lenders who take a proactive, rather than reactive, approach can sleep well at night knowing they are set for success in any market conditions.
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MERSCORP Holdings to host a second eMortgage Boot Camp Nov. 15
Oct 22, 2018 10:00 am -
Introducing credit risk-sharing to FHA loans
Apr 01, 2016 12:01 am