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12 Dec 2022, 12:29 pm by Richard J. Andreano, Jr.
Ginnie Mae advises in the report that in early 2016 it and investors in Ginnie Mae guaranteed MBS “first began to identify a wave of early loan repayments and serial refinancing as a problem with much greater incidence in VA ... [read post]
11 Apr 2019, 8:36 am by Richard J. Andreano, Jr.
The proposals appear to stem from a white paper, “Ginnie Mae 2020: Roadmap for sustaining low-cost homeownership. [read post]
24 Apr 2019, 8:52 am by Stephanie Abbott
The charges arise out of Pena’s scheme to defraud Ginnie Mae, a government-run corporation charged with making housing more affordable by injecting capital into […] The post Mortgage Company President Sentenced for Defrauding Ginnie Mae appeared first on Mortgage Fraud Blog. [read post]
24 Jun 2020, 7:05 am by Hector E. Lora
Court of Appeals for the Federal Circuit recently dismissed a lawsuit brought by a mortgage lender against the Government National Mortgage Association alleging that Ginnie Mae violated several guaranty agreements. [read post]
19 Dec 2022, 2:28 pm by Colleen McDonald
”[5] Notwithstanding the pushback Ginnie Mae has received on the RBCR from the MSR market, Ginnie Mae seems determined to have it take effect. [read post]
2 Oct 2018, 6:43 am by Richard J. Andreano, Jr.
The Act did not provide for a specific effective date for the Ginnie Mae provision and as a result the requirement became effective upon the Act being signed into law on May 24, 2018, and applied to existing refinance loans that were not already included in a Ginnie Mae securitization. [read post]
16 Oct 2017, 1:50 pm by Rachel Dollar
Pena was […] The post Mortgage Company President Pleads Guilty to Defrauding Ginnie Mae appeared first on Mortgage Fraud Blog. [read post]
14 Sep 2007, 4:00 pm
Freddie Mac and Ginnie Mae, the huge government sponsored mortgage buyers, [...] [read post]
12 Sep 2009, 10:09 am
Lost in the shuffle among health care cost debates, the future of Fannie and Freddie, Ginnie Mae, the FHA, and so on, the student loan market is quietly shifting to become... [read post]
10 Aug 2007, 9:04 am
Having failed to intimidate the Fed into balling out credit speculator, Cramer has turned his attention to the OFHEO, the agency that regulates Fannie Mae and Ginnie Mae. [read post]
31 May 2016, 12:51 pm by Mark Astarita
  The SEC appreciates the assistance of Ginnie Mae. [read post]
18 Aug 2016, 11:52 am by Rachel Dollar
(MSI), a Falmouth, Massachusetts mortgage company was indicted on conspiracy and wire fraud charges in connection with and alleged scheme to defraud the Government National Mortgage Association (Ginnie Mae) out of nearly $3 million. [read post]
15 Sep 2008, 10:12 pm
As an investment bank, Lehman Brothers followed the lead of Salomon Brothers, that invented the non-Fannie/Ginnie Mae mortgage-backed securities business: An ambitious mail-room clerk named Lew Ranieri worked at S[a]lomon Brothers and saw an opportunity in the mid 80s. [read post]
16 Nov 2016, 6:51 am
Greeott was also charged and pled guilty on October 7, 2013 of mail fraud and money laundering.The fraud commenced in July of 2011 with the sale of Ginnie Mae bonds. [read post]
1 Dec 2011, 2:15 pm by tekEditor
Coast Guard: Observations on Arctic Requirements, Icebreakers, and Coordination with Stakeholders, GAO-12-254T, Dec 1, 2011 Federal Housing Administration: Risks to... [read post]
27 Jun 2013, 6:28 am by Molly Foley-Healy
The FMIC guarantee would be explicit, similar to MBS issued through Ginnie Mae, a government agency that facilitates securitization of federally-insured mortgages. [read post]
10 Jul 2019, 7:44 am by Richard J. Andreano, Jr.
The recent legislation removes the loan seasoning requirement with regard to Ginnie Mae, thus removing the bar to the inclusion of the existing loans in a Ginnie Mae securitization. [read post]
1 Jun 2015, 11:54 am by Howard S. Altarescu
The discussion was focused on whether to replace or reform the GSEs, alternative methods of risk share, the Ginnie Mae model, and related issues. [read post]
25 Nov 2008, 8:47 am
That is: Fannie Mae, Freddie Mac, and the Federal Home Loan Banks--and mortgage-backed securities (MBS) backed by Fannie Mae, Freddie Mac, and Ginnie Mae. [read post]