The Senate confirmed Alanna McCargo as the next president of Ginnie Mae. McCargo, who had served as senior advisor for housing finance in the Department of Housing & … more McCargo Confirmed by Senate to Head Ginnie Mae
Secondary Markets
CFPB Issues Final Rule to Facilitate Transition from LIBOR
The Consumer Financial Protection Bureau (CFPB) published a final rule that facilitates the transition away from the LIBOR interest rate index for consumer financial products. The rule establishes … more CFPB Issues Final Rule to Facilitate Transition from LIBOR
NRMLA Submits Comments to HUD on LIBOR Transition
In comments submitted to the Department of Housing and Urban Development this week, NRMLA provided answers to 14 questions posed by HUD in an October 5 notice pertaining to … more NRMLA Submits Comments to HUD on LIBOR Transition
HMBS November 2021: Issuers Give Thanks for Record-Smashing Month
HMBS issuers rewrote the records books in November, posting yet another $1.2 billion month and setting new HMBS records for both total annual issuance and monthly original loan … more HMBS November 2021: Issuers Give Thanks for Record-Smashing Month
HMBS October 2021 Part II: Record Issuance Drives HMBS Supply
Outstanding HMBS rose to a record $56.8 billion in October 2021, as high levels of both issuance and HECM loan payoffs continued. HMBS payoffs exceeded $1 billion for … more HMBS October 2021 Part II: Record Issuance Drives HMBS Supply
HMBS October 2021: Will Refis Come Back to Haunt HMBS?
HMBS issuance remained strong in October. HMBS issuers posted another $1.2 billion in total issuance volume and set another new record for new loan pools, tempered by yet … more HMBS October 2021: Will Refis Come Back to Haunt HMBS?
HMBS September 2021 Part II: Big Summer Concludes
Outstanding HMBS rose to a record $56.7 billion in September 2021, as high levels of both issuance and HECM loan payoffs continued. HMBS payoffs once again exceeded $1 … more HMBS September 2021 Part II: Big Summer Concludes
2021Q3 HMBS Issuer League Tables – Annual Volume Record in the Crosshairs
AAG continued its #1 HMBS issuer ranking for the first nine months of 2021 with $2.585 billion of issuance and 28% market share. FAR stayed close behind in … more 2021Q3 HMBS Issuer League Tables – Annual Volume Record in the Crosshairs
HMBS September 2021: Try to Remember This Kind of September
HMBS issuers posted record totals in September, with the highest monthly issuance volume this year, and another record for new loan pools. They issued just over $1.2 billion … more HMBS September 2021: Try to Remember This Kind of September
HMBS August 2021 Part II: Big Summer Continues
Outstanding HMBS rose to a record $56.6 billion in August 2021, as high levels of both issuance and HECM loan payoffs continued. HMBS payoffs once again exceeded $1 … more HMBS August 2021 Part II: Big Summer Continues