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The Department of Housing and Urban Development agency warned in an online notice that issuers with prepayments exceeding certain limits could face sanctions.
April 4 -
The agency's president, Alanna McCargo, called the nonbank liquidity issue "the biggest of our time," while speaking at the Bipartisan Policy Center Tuesday.
August 9 -
Interest rate increases and economic concerns led the government entity to lower the required amount from $1 million to $250,000.
February 17 -
Updated counterparty requirements recently coordinated with the Federal Housing Finance Agency affect a constituency that has kept growing, albeit at a slightly slower pace, according to new mortgage-backed securities research.
August 23 -
HUD official Alanna McCargo takes over the top job at the government corporation, which has had a series of acting leaders since 2017.
December 15 -
While overall volume was down in August, it remained historically strong, particularly in the securitized market for home equity withdrawal loans made to borrowers age 62 and up.
September 9 -
The guarantor has for the first time proposed a risk-based capital requirement for companies not subject to other federal regulation. The industry says the plan, which would impose a heavy charge for servicing portfolios, could drive lenders away from government-backed programs.
July 26 -
The volume of Ginnie securities issued in December marked the first time more than $80 billion has been issued in a month.
January 11 - LIBOR
The deadline for inclusion in Ginnie mortgage-backed securities has been extended and an exception will be made for some participations.
December 16 -
Whether Ginnie issuance increases in the future may depend in part on the extent to which the Biden administration wishes to tap the FHA to promote affordable housing and homeownership.
December 8