Search for: "GINNIE MAE"
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19 Dec 2022, 2:28 pm
”[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]
12 Dec 2022, 12:29 pm
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]
President Biden Signs Executive Order on Addressing Climate Change Risk through Financial Regulation
11 Jun 2021, 6:08 am
The Climate Risk EO provides the policy framework for federal agencies to adopt new supervisory and regulatory measures with respect to not only insured depository institutions, but also insurers and other nonbank financial institutions, ERISA plans, the Federal Thrift Savings Plan (TSP), federal lending programs (US Department of Agriculture (USDA), US Department of Veterans Affairs (VA), Federal Housing Administration (FHA), and Ginnie Mae) and federal contractors. [read post]
8 May 2021, 3:00 pm
In 2019, about 48% of all Fannie/Freddie and Ginnie Mae mortgage loans were serviced by nonbanks. [read post]
18 Nov 2020, 5:00 am
Led by Treasury Secretary Mnuchin and FHFA Director Mark Calabria, the Trump Administration has been working to end the decades-long conservatorship of Ginnie Mae and Freddie Mac. [read post]
24 Jun 2020, 7:05 am
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]
1 May 2020, 2:25 pm
Last month, Ginnie Mae announced that it would be creating a Pass-Through Assistance Program through which servicers, who service mortgage-backed securities and are required to remit principal and interest payments to investors, may request that Ginnie Mae advance the difference between available funds and the scheduled payment to investors. [read post]
6 Apr 2020, 6:01 am
Most MBSs are issued by the government agency Ginnie Mae and the government-sponsored enterprises Fannie Mae and Freddie Mac. [read post]
6 Apr 2020, 6:01 am
Most MBSs are issued by the government agency Ginnie Mae and the government-sponsored enterprises Fannie Mae and Freddie Mac. [read post]
1 Aug 2019, 2:56 pm
Moreover, most FHA/VA loans get financed through Ginnie Mae, which is already stretched to manage seller/servicer risk. [read post]
25 Jul 2019, 6:31 pm
Moreover, most FHA/VA loans get financed through Ginnie Mae, which is already stretched to manage seller/servicer risk. [read post]
10 Jul 2019, 7:44 am
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]
24 Apr 2019, 8:52 am
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]
11 Apr 2019, 8:36 am
The proposals appear to stem from a white paper, “Ginnie Mae 2020: Roadmap for sustaining low-cost homeownership. [read post]
2 Jan 2019, 10:49 am
Certain lending-related operations will continue during the shutdown such as the endorsement of FHA-insured loans (with the exception of Home Equity Conversion Mortgages and Title I loans) and Ginnie Mae will continue to operate. [read post]
2 Oct 2018, 6:43 am
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
Pena was […] The post Mortgage Company President Pleads Guilty to Defrauding Ginnie Mae appeared first on Mortgage Fraud Blog. [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]
18 Aug 2016, 11:52 am
(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]
31 May 2016, 12:51 pm
The SEC appreciates the assistance of Ginnie Mae. [read post]
