(408) 827-5745
HousingWire |
1 year ago
Report post
Report user
Block user
housingwire

Opinion: What is Ginnie Mae thinking with new capital rule?

Opinion: What is Ginnie Mae thinking with new capital rule?

Dave Stevens writes: The changes are so punitive that either costs will rise or many Ginnie Mae servicers will leave the program altogether.

The post Opinion: What is Ginnie Mae thinking with new capital rule? appeared first on HousingWire.

Opinion: What is Ginnie Mae thinking with new capital rule?
You can contact us to get more choices
0
You can contact us to get more choices
Related posts
Opinion: What is Ginnie Mae thinking with new capital rule?
Opinion: What is Ginnie Mae thinking with new capital rule?
Opinion: What is Ginnie Mae thinking with new capital rule?
Opinion: What is Ginnie Mae thinking with new capital rule?
housingwire housingwire | 1 year ago
Dave Stevens writes: The changes are so punitive that either costs will rise or many Ginnie Mae servicers will leave the program altogether. The post Opinion: What is Ginnie Mae thinking with new capital rule? appeared first on HousingWire.
Dave Stevens writes: The changes are so punitive that either costs will rise or many Ginnie Mae servicers will leave the program altogether. The post Opinion: What is Ginnie Mae thinking with new capital rule? appeared first on HousingWire.
Ginnie Mae: Vast majority will be able to comply with new capital rule
Ginnie Mae: Vast majority will be able to comply with new capital rule
Ginnie Mae: Vast majority will be able to comply with new capital rule
Ginnie Mae: Vast majority will be able to comply with new capital rule
housingwire housingwire | 1 year ago
Ginnie Mae says 95% of its issuers would be compliant with its controversial new capital rule, which puts a 250% risk weight on gross MSRs. The post Ginnie Mae: Vast majority will be able to comply with new capital rule appeared first on HousingWire.
Ginnie Mae says 95% of its issuers would be compliant with its controversial new capital rule, which puts a 250% risk weight on gross MSRs. The post Ginnie Mae: Vast majority will be able to comply with new capital rule appeared first on HousingWire.
Trade groups cheer new deadline for Ginnie nonbank capital rule
Trade groups cheer new deadline for Ginnie nonbank capital rule
Trade groups cheer new deadline for Ginnie nonbank capital rule
Trade groups cheer new deadline for Ginnie nonbank capital rule
housingwire housingwire | 1 year ago
Ginnie Mae on Friday announced it has extended the mandatory implementation date of its risk-based capital requirement for nonbanks to 2024. The post Trade groups cheer new deadline for Ginnie nonbank capital rule appeared first on HousingWire.
Ginnie Mae on Friday announced it has extended the mandatory implementation date of its risk-based capital requirement for nonbanks to 2024. The post Trade groups cheer new deadline for Ginnie nonbank capital rule appeared first on HousingWire.
Ginnie Mae tweaks some capital requirements
Ginnie Mae tweaks some capital requirements
Ginnie Mae tweaks some capital requirements
Ginnie Mae tweaks some capital requirements
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
Ginnie Mae on Thursday announced a set of revised capital requirements that appear to be aimed at reducing red tape for federally insured credit unions and housing finance agencies.The all-participants memorandum will bring Ginnie's standards in line with other regulatory requirements credit unions must already meet, and exempts housing finance agencies due to their state-backed status, according to a press release issued by the federal mortgage-bond insurer. The memorandum, which becomes effec...
Ginnie Mae on Thursday announced a set of revised capital requirements that appear to be aimed at reducing red tape for federally insured credit unions and housing finance agencies.The all-participants memorandum will bring Ginnie's standards in line with other regulatory requirements credit unions must already meet, and exempts housing finance agencies due to their state-backed status, according to a press release issued by the federal mortgage-bond insurer. The memorandum, which becomes effec...
Ginnie Mae teases new enhancements to eNote program
Ginnie Mae teases new enhancements to eNote program
Ginnie Mae teases new enhancements to eNote program
Ginnie Mae teases new enhancements to eNote program
housingwire housingwire | 1 year ago
Participants of Ginnie Maeโ€™s digital collateral program want commingling of eNotes and paper notes, and the agency is not saying no. The post Ginnie Mae teases new enhancements to eNote program appeared first on HousingWire.
Participants of Ginnie Maeโ€™s digital collateral program want commingling of eNotes and paper notes, and the agency is not saying no. The post Ginnie Mae teases new enhancements to eNote program appeared first on HousingWire.
Ginnie Mae tweaks re-performing loan guidelines
Ginnie Mae tweaks re-performing loan guidelines
Ginnie Mae tweaks re-performing loan guidelines
Ginnie Mae tweaks re-performing loan guidelines
housingwire housingwire | 1 year ago
Ginnie Mae on Monday announced changes to the re-pooling seasoning requirement for re-performing loans, increasing issuer liquidity. The post Ginnie Mae tweaks re-performing loan guidelines appeared first on HousingWire.
Ginnie Mae on Monday announced changes to the re-pooling seasoning requirement for re-performing loans, increasing issuer liquidity. The post Ginnie Mae tweaks re-performing loan guidelines appeared first on HousingWire.
Ginnie Mae launches next phase of digital collateral program
Ginnie Mae launches next phase of digital collateral program
Ginnie Mae launches next phase of digital collateral program
Ginnie Mae launches next phase of digital collateral program
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
New changes do more to pave the way for electronic modifications and will open the government bond insurerโ€™s program up to new applicants.
New changes do more to pave the way for electronic modifications and will open the government bond insurerโ€™s program up to new applicants.
Opinion: Ginnie Maeโ€™s revised requirements reduce risk
Opinion: Ginnie Maeโ€™s revised requirements reduce risk
Opinion: Ginnie Maeโ€™s revised requirements reduce risk
Opinion: Ginnie Maeโ€™s revised requirements reduce risk
housingwire housingwire | 1 year ago
For years, Ginnie Mae has been woefully under resourced, which leaves the agency vulnerable to the failure of a large issuer or servicer. The post Opinion: Ginnie Maeโ€™s revised requirements reduce risk appeared first on HousingWire.
For years, Ginnie Mae has been woefully under resourced, which leaves the agency vulnerable to the failure of a large issuer or servicer. The post Opinion: Ginnie Maeโ€™s revised requirements reduce risk appeared first on HousingWire.
Ginnie Mae forbearance rate increases in August
Ginnie Mae forbearance rate increases in August
Ginnie Mae forbearance rate increases in August
Ginnie Mae forbearance rate increases in August
housingwire housingwire | 1 year ago
The latest MBA report shows that Ginnie Mae loans in forbearance increased from 1.26% of the total portfolio in July to 1.32% in August. The post Ginnie Mae forbearance rate increases in August appeared first on HousingWire.
The latest MBA report shows that Ginnie Mae loans in forbearance increased from 1.26% of the total portfolio in July to 1.32% in August. The post Ginnie Mae forbearance rate increases in August appeared first on HousingWire.
Ginnie Mae to shorten repooling time for reperforming loans
Ginnie Mae to shorten repooling time for reperforming loans
Ginnie Mae to shorten repooling time for reperforming loans
Ginnie Mae to shorten repooling time for reperforming loans
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
Ginnie Mae on Monday announced that it is preparing to halve the time issuers must wait to put reperforming loans back into securitized mortgage pools.The government bond insurer, an arm of the Department of Housing and Urban Development, plans to cut the seasoning requirement to three months from six, and transition away from temporary rules around custom pooling for reperforming loans introduced during the pandemic."By the end of the first quarter of 2023, Ginnie Mae will be changing our polic...
Ginnie Mae on Monday announced that it is preparing to halve the time issuers must wait to put reperforming loans back into securitized mortgage pools.The government bond insurer, an arm of the Department of Housing and Urban Development, plans to cut the seasoning requirement to three months from six, and transition away from temporary rules around custom pooling for reperforming loans introduced during the pandemic."By the end of the first quarter of 2023, Ginnie Mae will be changing our polic...