Ginnie Mae guaranteed $34.5 billion in mortgage-backed securities in April for the second consecutive month, compared to $28 billion in February and $27.3 billion in January. "We are steadily growing," said Ginnie president Joseph Murin. Ginnie Mae single-family MBS totaled $33.8 billion and multifamily totaled $707 million in April. Ginnie I single-family MBS totaled $26.8 billion in April — $1.4 billion less than in the previous month. However, Ginnie II single-family multiple issuer pools totaled $6.6 billion, up $1.1 billion from the previous month.
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A pension fund can relitigate claims that Freddie Mac and its leaders misled investors over the government-sponsored enterprise's exposure to subprime loans.
8h ago -
Hometap has asked federal judges in three states to compel arbitration, a move that would preclude class action lawsuits and the accompanying public scrutiny.
8h ago -
All of UMortgage's roughly 275 employees will stay on, including its 246 loan officers and CEO Anthony Casa, who previously had public rifts with Mike Kortas.
9h ago -
The deal with regulators for Redfin to restart its internet listing service is just one more way to help consumers on their home journey, Rocket said.
10h ago -
Under NYSE rules, loanDepot has six months to bring its share price and average share price back above $1, for which it is considering a reverse stock split.
11h ago -
The merger will conclude a 20-month saga that began in December 2024, when Two said United Wholesale Mortgage first approached it with an offer.
August 24






