Ginnie Mae guaranteed more than $32.6 billion in mortgage-backed securities in April. Ginnie Mae II single-family pools totaled more than $18.9 billion and Ginnie Mae I single-family pools were $12.6 billion. Ginnie Mae's multifamily MBS issuance was over $1 billion, marking the second time during fiscal year 2010 that multifamily issuance crossed the $1 billion threshold. March numbers for 90-plus day delinquencies released with the April issuance figures showed late payments of this type dropped to 1.85% from 2.02% in February.
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Lenders are still frequent targets of the class action complaints over unwanted mortgage solicitations, violations that have netted litigants big paydays.
7h ago -
Cities in two southern states dominate the list for real estate, affordability, and quality of life, according to WalletHub.
7h ago -
Jay Farner takes a majority ownership stake in Detroit's professional soccer franchise through the investment group he launched after leaving Rocket in 2023.
July 16 -
The major government-related secondary-market loan buyer is moving to a new approach that mortgage companies can start transitioning to later this year.
July 16 -
Short-sale transactions increased 4% from 2023 to 2024, nearly 10% from 2024 to 2025 and about 16% annually in the first quarter of this year, according to Realtor.com.
July 16 -
The 30-year fixed rate loan average is at its highest since August, while the 15-year is now above where it was one year ago, Freddie Mac found.
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