Latest Updates Around The World
Borrowers include first-time homebuyers, veterans, seniors and residents of urban, rural and tribal communities. Total MBS issuance for fiscal 2025 was $526.4 billion, driving a 7.2% year-over-year increase in Ginnie Mae’s outstanding portfolio. According to the report, the portfolio grew by $190.9 billion to more than $2.8 trillion at the end of September. “Continued strong […]
The discussion also coincides with a rise in private-label reverse mortgages, which New View estimates now account for about 40% of market activity. New view addressed each of the 21 questions asked in the RFI. She believes that some of the reforms she proposes can be implemented immediately, while others could take a year or […]
“It is a good indication that HUD and Ginnie Mae are paying close attention to these critically important programs given our nation’s aging population,” said Steve Irwin, chairman of the National Association of Reverse Mortgage Lenders (NMRLA). “They can not only create greater efficiencies, but also reduce the regulatory burden that may come with these […]
