GNMA

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Latest blogosphere posts tagged “GNMA”

  • Obama Nominates Tozer as Ginnie Mae President


    Reverse Mortgage DailyAuthority Authority: 509
    President Obama announced the nomination of Ted Tozer for President of the Government National Mortgage Association (GNMA) last week.  The position was previously held by Joseph Murin, who stepped down in August to form a consulting company.  Tozer would bring over two decades of mortgage experience to GNMA.  ...
    2 days ago
  • Ginnie Mae Issues $1.2 Billion of Reverse Mortgage MBS


    Reverse Mortgage DailyAuthority Authority: 509
    The Government National Mortgage Association (GNMA) announced that it guaranteed more than $35.5 billion in mortgage-backed securities (MBS) in November.  For the first 11 months of calendar 2009, Ginnie Mae provided nearly $407 billion of liquidity to the secondary market, compared to $246 billion for the first 11 ...
    1 week ago
  • What is Agency Securities


    Finance GuideAuthority Authority: 99
    The term “agency securities” is used in the United States of America to describe securities issued by agencies of the federal government. Because these securities have a federal government guarantee behind them, they are perceived by investors to be almost risk-free investments. They are also exempt from taxes. ...
    3 weeks ago
  • Industry Can’t Meet Investor Demand for Ginnie Mae Product


    Reverse Mortgage DailyAuthority Authority: 509
    For an industry that was mainly dependent on one investor only a year ago, things look a lot different in today’s reverse mortgage market.  Fannie Mae has seen its market share of reverse mortgages go from approximately 90% as of December 31, 2008, to 20% during the 3Q and 10% in September 2009.  According to a ...
    4 weeks ago

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