Ginnie Mae
Compliance & Regulatory, Mortgage ServicesThe Government National Mortgage Association, or Ginnie Mae, is a U.S. government-owned corporation that resides within the U.S. Department of Housing and Urban Development (HUD). Its guaranty allows mortgage lenders to obtain a better price for their mortgage loans in the secondary mortgage market. The lenders can then use the proceeds of a sale of loans to fund new mortgage loans.
Ginnie Mae was founded with the signing of the Housing and Urban Development Act of 1968 signed into law by President Lyndon Johnson, and is headquartered alongside HUD in Washington, D.C.
Latest Ginnie Mae News
US Senate committee approves full funding for Ginnie Mae
Jul 26, 2024The Senate Appropriations Committee has approved a bill that would give full funding to Ginnie Mae if passed by the full Congress.
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Texas Capital objects to government request to change court venue
Jul 23, 2024 -
Analyst: HMBS 2.0 developments should benefit reverse mortgage industry
Jul 19, 2024 -
Court extensions granted for Texas Capital Bank and Ginnie Mae
Jul 11, 2024 -
NRMLA president talks HMBS 2.0 term sheet and its potential impact
Jul 08, 2024 -
Texas Capital, Ginnie Mae attorneys seek extension for their court requests
Jul 05, 2024 -
Reverse mortgage volume, securities issuance decline in June
Jul 02, 2024 -
Texas Capital Bank seeks a partial win in Ginnie Mae suit
Jul 01, 2024 -
Ginnie Mae official talks HMBS 2.0, hopes for detailed public comments
Jun 28, 2024 -
Ginnie Mae releases anticipated ‘HMBS 2.0’ term sheet
Jun 27, 2024
Ginnie Mae Content
Don’t let the upcoming Ginnie Mae stress tests stress you out
Jan 24, 2019 5:00 pmTen years after the housing and mortgage-market crash and subsequent reforms, there is renewed concern about the liquidity risk in the mortgage market and Ginnie Mae has suggested a series of stress tests they will be imposing on nonbank lenders in the near future. In this environment, lenders who take a proactive, rather than reactive, approach can sleep well at night knowing they are set for success in any market conditions.
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MERSCORP Holdings to host a second eMortgage Boot Camp Nov. 15
Oct 22, 2018 10:00 am -
Introducing credit risk-sharing to FHA loans
Apr 01, 2016 12:01 am