Ginnie Mae

Welcome to the 'Ginnie Mae' tag page at Technorati. This page features content from the farthest reaches of the Blogosphere that authors have "tagged" with 'Ginnie Mae'.

Latest blogosphere posts tagged “Ginnie Mae”

• Higher Credit Scores, Lower DTIs Among Agency Updates

  
  Mortgage-Blog — Authority: 450
  Fannie Mae will soon implement its latest version of Desktop Underwriter. Among updates to DU are higher minimum credit scores and lower maximum debt-to-income ratios. Freddie Mac said in a bulletin that its selling and servicing requirements were amended to reflect several changes, including the discontinuance of ...
  22 hours ago

• FHA Getting Tough on Non-Compliant Lenders

  
  Santa Clarita Real Estate Blog — Authority: 417
  Violations of FHA origination and underwriting requirements may lead to lenders losing their ability to issue FHA loans. Both FHA and Ginnie Mae have withdrawn their approvals for Lend America (also known as Lending Key and Ideal) based on numerous violations of FHA origination and underwriting requirements. The ...
  2 days ago

• FHA and Ginnie Mae take action against Lend America

  
  Clarksville, TN Online — Authority: 442
  FHA-approved lender faulted for poor underwriting and false certifications WASHINGTON – The Federal Housing Administration (FHA) today withdrew the FHA approval of Ideal Mortgage Bankers, doing business as Lend America and Lending Key (”Ideal”). The action is effective immediately and prevents Ideal ...
  2 days ago

• Industry Can’t Meet Investor Demand for Ginnie Mae Product

  
  Reverse Mortgage Daily — Authority: 478
  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 days ago

• Wall Street Finds Profits by Reducing Mortgages

  
  DealBook — Authority: 760
  Investment funds like the Fortress Investment Group are buying mortgages, trimming some of them to the benefit of homeowners, and shifting any risk to the federal government.
  1 week ago

• Wall Street Finds Profits Again, Now by Reducing Mortgages

  
  Refinance Home Mortgages — Authority: 429
  The New York Times reports:…Wall Street has found a way to make money from the mortgage mess. (...)
  1 week ago

• Fannie Mae Pricing Brings More Diverse Investor Base

  
  Reverse Mortgage Daily — Authority: 478
  The secondary market for reverse mortgages is welcoming the expansion of adjustable rate securitizations through Ginnie Mae’s HMBS (HECM MBS) program. Leading the way for its sheer size is Bank of America, which is producing $200 million to $300 million a month in fixed and adjustable HMBS, according to Alan Cates, ...
  2 weeks ago

• Ginnie Mae Buyout Requirements Put Pressure on Servicers

  
  Reverse Mortgage Daily — Authority: 478
  As the reverse mortgage industry increases its reliance on Ginnie Mae’s HMBS program, Broker Universe describes how buyout requirements could take a toll on servicers once HECM-securitized loans come to maturity in a few years. "The reverse product we are working today [requires] a whole different look at the ...
  2 weeks ago

• It Was a Wonderful Life – And Then Came Securitization

  
  Bapcha's Stocks. — Authority: 112
  By Martin Hutchinson Contributing Editor Money Morning Massachusetts Land Court judge Keith C. Long recently ruled that foreclosure sales of two properties with securitized mortgages were invalid, a decision that ties up thousands of Massachusetts real-estate transactions. If nothing else,  this landmark court ...
  2 weeks ago

• Ginnie Mae Issues $917 Million of HMBS in October

  
  Reverse Mortgage Daily — Authority: 478
  The Government National Mortgage Association (Ginnie Mae) announced that it guaranteed more than $917 million of reverse mortgage MBS (HMBS) in October. For the first 10 months of calendar 2009, Ginnie Mae provided nearly $5.702 billion of liquidity to the secondary market for reverse mortgages, compared to $1.278 ...
  3 weeks ago

• Fannie Mae Reverse Mortgage Portfolio Grows, Market Share Shrinks

  
  Reverse Mortgage Daily — Authority: 478
  The reverse mortgage portfolio of  Fannie Mae grew from $41.6 billion as of December 31, 2008 to $49.8 billion as of September 30, 2009 according to its 3Q SEC filing . The GSE estimates its market share of the total market of reverse mortgage loans outstanding was approximately 90% as of December 31, 2008.  ...
  3 weeks ago

• "The New Bubble Is In Stimulants....." Rosenberg

  
  immobilienblasen — Authority: 119
  I want to add that the bubble is also in outright & hidden bailouts.....Nothing really new but hours/days away from the next mega bailout ( FHA ) a sober summary how wasteful the resources are "squandered"...... Finde zudem das man der Überschrift von Rosenberg noch hinzufügen sollte das es eine Blase in ...
  4 weeks ago

• Agency Issuance Tumbles

  
  Mortgage-Blog — Authority: 450
  During October, fixed-rate issuance was down by more than one-third from September at Fannie Mae, according to eMBS. At Freddie Mac, volume was off 17 percent. Ginnie Mae issuance was one-third lower last month.
  4 weeks ago

• Bankers Debate Future of Fannie, Freddie

  
  Mortgage-Blog — Authority: 450
  The American Bankers Association held its Annual Convention Business Expo and Directors’ Forum last week in Chicago. Lenders need to have more skin in the game for the government sponsored enterprises to have a future — a future that might include nationalizing Fannie Mae and Freddie Mac as a single entity or ...
  4 weeks ago

• Three Weeks In A Row Mortgage Rates Rise

  
  Refinance Home Mortgages — Authority: 429
  They have been at record lows, but few economists expected that to last. (...)
  4 weeks ago

• Reverse Mortgage Securitization Moves Beyond Needs Based Seniors

  
  Reverse Mortgage Daily — Authority: 478
  Housingwire sat in on a reverse mortgage securitization session at the Information Management Network’s 15th annual ABS East conference in Miami and writes that over the last two years the structure has moved beyond the needs-based senior and now see a significant mix of borrowers tapping into the market. ...
  4 weeks ago

• Firm Touts 560 FICOs on FHA Loans

  
  Mortgage-Blog — Authority: 450
  Expert Financing’s parent announced "it now offers Ginnie Mae backed FHA loans." The company said it can make "FHA loans to clients with a FICO score as low as 560 direct to Ginnie Mae." But Expert explained that getting an FHA loan with a credit score "is extremely tough."
  5 weeks ago

• Setting Up the Next Leg Down in Housing

  
  Real Estate Consumer News — Authority: 130
  Loose lending standards in government-backed mortgages is setting up the next wave of defaults and sharp declines in housing prices. Charles Hugh Smith, Of Two Minds Beneath the hype that housing has bottomed is an ugly little scenario: lending standards are still loose and the low-down payment, high-risk loans ...
  5 weeks ago

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