Ginnie Mae releases final term sheet for HMBS 2.0Ginnie Mae's HMBS 2.0 program aims to improve liquidity and sustainability in the reverse mortgage market through new guidelines and incentives.
Could Trump's transition delay reverse mortgage policy decisions?The reverse mortgage industry may experience delays in the implementation of HMBS 2.0 following the political transition post-2024 presidential election.
Ginnie Mae challenges TCB expert's testimony in HMBS caseTCB's claim regarding Ginnie Mae's authority over collateral in HECM loans is disputed by the government, emphasizing whole mortgages are indivisible in HMBS.
Judge rules for Ginnie Mae in Texas Capital Bank lawsuitGinnie Mae's extinguishment power over mortgages includes HECM-backed Securities, according to Judge Kacsmaryk's ruling.
Sam Valverde on Ginnie Mae's reverse activity and HMBS 2.0Ginnie Mae is developing HMBS 2.0 to enhance liquidity for FHA's HECM program, following past lender collapses.
Ginnie Mae releases final term sheet for HMBS 2.0Ginnie Mae's HMBS 2.0 program aims to improve liquidity and sustainability in the reverse mortgage market through new guidelines and incentives.
Could Trump's transition delay reverse mortgage policy decisions?The reverse mortgage industry may experience delays in the implementation of HMBS 2.0 following the political transition post-2024 presidential election.
Ginnie Mae challenges TCB expert's testimony in HMBS caseTCB's claim regarding Ginnie Mae's authority over collateral in HECM loans is disputed by the government, emphasizing whole mortgages are indivisible in HMBS.
Judge rules for Ginnie Mae in Texas Capital Bank lawsuitGinnie Mae's extinguishment power over mortgages includes HECM-backed Securities, according to Judge Kacsmaryk's ruling.
Sam Valverde on Ginnie Mae's reverse activity and HMBS 2.0Ginnie Mae is developing HMBS 2.0 to enhance liquidity for FHA's HECM program, following past lender collapses.
HMBS 2.0 rollout could be hobbled by reported Ginnie Mae staff cutsGinnie Mae is enhancing liquidity in the reverse mortgage sector with its HMBS 2.0 program, but staffing cuts pose a potential challenge to its implementation.
Ginnie Mae report touts commitment to reverse mortgage spaceGinnie Mae's FY 2024 report focuses on enhancing liquidity and accessibility in the mortgage market, with key initiatives like HMBS 2.0 for reverse mortgages.
Ginnie Mae's Sam Valverde on the mission of the reverse securities programGinnie Mae is increasingly involved in the reverse mortgage market to maintain liquidity and support seniors' financial needs.
FOA's Graham Fleming says HMBS 2.0 is making progressGinnie Mae is making progress on HMBS 2.0 implementation, but lacks a timeline for launch.
MBA securities proposal mentions HMBS 2.0 as logistical template'Ginnie Mae's new securitization proposal targets enhanced liquidity for private capital during economic downturns, improving market stability.
HMBS 2.0 rollout could be hobbled by reported Ginnie Mae staff cutsGinnie Mae is enhancing liquidity in the reverse mortgage sector with its HMBS 2.0 program, but staffing cuts pose a potential challenge to its implementation.
Ginnie Mae report touts commitment to reverse mortgage spaceGinnie Mae's FY 2024 report focuses on enhancing liquidity and accessibility in the mortgage market, with key initiatives like HMBS 2.0 for reverse mortgages.
Ginnie Mae's Sam Valverde on the mission of the reverse securities programGinnie Mae is increasingly involved in the reverse mortgage market to maintain liquidity and support seniors' financial needs.
FOA's Graham Fleming says HMBS 2.0 is making progressGinnie Mae is making progress on HMBS 2.0 implementation, but lacks a timeline for launch.
MBA securities proposal mentions HMBS 2.0 as logistical template'Ginnie Mae's new securitization proposal targets enhanced liquidity for private capital during economic downturns, improving market stability.
TCB gets reverse mortgage expert's opinion in Ginnie Mae lawsuitThe court requires confirmation of discussions with government attorneys regarding expert testimony for proper legal procedure.
Reverse mortgage leaders praise FHA engagement, back-end improvementsThe reverse mortgage industry sees positive engagement from FHA despite challenges in 2024 sales volume.
TCB gets reverse mortgage expert's opinion in Ginnie Mae lawsuitThe court requires confirmation of discussions with government attorneys regarding expert testimony for proper legal procedure.
Reverse mortgage leaders praise FHA engagement, back-end improvementsThe reverse mortgage industry sees positive engagement from FHA despite challenges in 2024 sales volume.
Texas Capital Bank opposes summary judgment in Ginnie Mae suitTCB disputes Ginnie Mae's authority to extinguish its lien claims under the APA, emphasizing the complexities of mortgage securitization.
RMF-backed proprietary securitization undergoing further reviewThe bankruptcy of RMF has significant implications for securitization and mortgage servicing rights.
Court denies Ginnie Mae request in Texas Capital Bank lawsuitThe court denied the government's attempt to change the venue in the case brought by Texas Capital Bank against Ginnie Mae, favoring TCB's arguments.
Judge grants delay in TCB lawsuit against Ginnie MaeGinnie Mae's authority to extinguish RMF's interests was upheld, leading to TCB's claims being invalidated.
Judge denies Texas Capital Bank motion for summary judgment in Ginnie Mae disputeGinnie Mae's actions regarding reverse mortgage liens were upheld by the court, denying Texas Capital Bank's summary judgment request.
Texas Capital Bank opposes summary judgment in Ginnie Mae suitTCB disputes Ginnie Mae's authority to extinguish its lien claims under the APA, emphasizing the complexities of mortgage securitization.
RMF-backed proprietary securitization undergoing further reviewThe bankruptcy of RMF has significant implications for securitization and mortgage servicing rights.
Court denies Ginnie Mae request in Texas Capital Bank lawsuitThe court denied the government's attempt to change the venue in the case brought by Texas Capital Bank against Ginnie Mae, favoring TCB's arguments.
Judge grants delay in TCB lawsuit against Ginnie MaeGinnie Mae's authority to extinguish RMF's interests was upheld, leading to TCB's claims being invalidated.
Judge denies Texas Capital Bank motion for summary judgment in Ginnie Mae disputeGinnie Mae's actions regarding reverse mortgage liens were upheld by the court, denying Texas Capital Bank's summary judgment request.
DOGE takes its chainsaw to Ginnie MaeGinnie Mae faces staffing challenges that could hinder its management of $2.7 trillion in mortgage-backed securities amid rising loan delinquencies.
Ginnie Mae allows for risk-based capital relief to issuers that hedge MSRsGinnie Mae will allow MBS issuers to hedge their mortgage servicing rights to relieve risk-based capital ratio requirements.
Ginnie Mae report highlights its contributions to federal governmentGinnie Mae's FY24 report shows strong performance, supporting 1.2 million households and contributing $1.3 billion to U.S. taxpayers.
Former Trump nominee Michael Bright on Senate confirmationsThe Senate confirmation process for Ginnie Mae remains uncertain, heavily influenced by upcoming HUD leadership selections.
Sam Valverde on Ginnie Mae priorities, leadership differences and moreGinnie Mae's acting president highlights the importance of budget support to advance the mission and address industry complexities.
DOGE takes its chainsaw to Ginnie MaeGinnie Mae faces staffing challenges that could hinder its management of $2.7 trillion in mortgage-backed securities amid rising loan delinquencies.
Ginnie Mae allows for risk-based capital relief to issuers that hedge MSRsGinnie Mae will allow MBS issuers to hedge their mortgage servicing rights to relieve risk-based capital ratio requirements.
Ginnie Mae report highlights its contributions to federal governmentGinnie Mae's FY24 report shows strong performance, supporting 1.2 million households and contributing $1.3 billion to U.S. taxpayers.
Former Trump nominee Michael Bright on Senate confirmationsThe Senate confirmation process for Ginnie Mae remains uncertain, heavily influenced by upcoming HUD leadership selections.
Sam Valverde on Ginnie Mae priorities, leadership differences and moreGinnie Mae's acting president highlights the importance of budget support to advance the mission and address industry complexities.
Federal hiring freeze could impact the rollout of HMBS 2.0Ginnie Mae faces significant challenges in staffing to implement its complementary securities program effectively.
Ginnie Mae executive Leslie Meaux Pordzik announces retirementLeslie Meaux Pordzik retires after 36 years in mortgage finance, significantly impacting Ginnie Mae's compliance and operational processes over 13 years.
Federal hiring freeze could impact the rollout of HMBS 2.0Ginnie Mae faces significant challenges in staffing to implement its complementary securities program effectively.
Ginnie Mae executive Leslie Meaux Pordzik announces retirementLeslie Meaux Pordzik retires after 36 years in mortgage finance, significantly impacting Ginnie Mae's compliance and operational processes over 13 years.
MBA floats new Ginnie Mae mortgage securitization productMBA proposes Ginnie Mae EBO securitization to enhance liquidity and benefit borrowers during economic stress.
CHLA urges funding increases for FHA, Ginnie MaeHigher funding for FHA and Ginnie Mae is crucial for supporting homebuyers, especially first-time buyers, in today's challenging housing market.
MBA floats new Ginnie Mae mortgage securitization productMBA proposes Ginnie Mae EBO securitization to enhance liquidity and benefit borrowers during economic stress.
CHLA urges funding increases for FHA, Ginnie MaeHigher funding for FHA and Ginnie Mae is crucial for supporting homebuyers, especially first-time buyers, in today's challenging housing market.
Nearly $300M MSR offering hits the marketMIAC Analytics is offering a $292.91 million mortgage servicing rights portfolio with essential characteristics indicating stability and quality in the current market.
Freddie Mac hires Sam Valverde for executive roleSam Valverde has joined Freddie Mac as vice president of mission and community engagement after resigning from Ginnie Mae.
Nearly $300M MSR offering hits the marketMIAC Analytics is offering a $292.91 million mortgage servicing rights portfolio with essential characteristics indicating stability and quality in the current market.
Freddie Mac hires Sam Valverde for executive roleSam Valverde has joined Freddie Mac as vice president of mission and community engagement after resigning from Ginnie Mae.
Brian Montgomery says conservatives should love' HUD programsThe Department of Housing and Urban Development operates efficiently and benefits taxpayers without direct funding, primarily through borrower premiums.
Sam Valverde to resign from Ginnie MaeSam Valverde resigns as acting president of Ginnie Mae, marking a significant leadership transition in the agency focused on affordable housing.
Ginnie Mae files slew of documents, opposes summary judgment motion in TCB court caseGinnie Mae's filings argue against Texas Capital Bank's motion for summary judgment, asserting that the bank's claims are premature and unsupported.
Judge zeroes in on trial timeline in TCB-Ginnie Mae lawsuitA court trial between Texas Capital Bank, HUD, and Ginnie Mae regarding HECM-backed Securities is scheduled for September 2025, pending any settlements.
Sam Valverde to resign from Ginnie MaeSam Valverde resigns as acting president of Ginnie Mae, marking a significant leadership transition in the agency focused on affordable housing.
Ginnie Mae files slew of documents, opposes summary judgment motion in TCB court caseGinnie Mae's filings argue against Texas Capital Bank's motion for summary judgment, asserting that the bank's claims are premature and unsupported.
Judge zeroes in on trial timeline in TCB-Ginnie Mae lawsuitA court trial between Texas Capital Bank, HUD, and Ginnie Mae regarding HECM-backed Securities is scheduled for September 2025, pending any settlements.