Ginnie Mae, Washington, D.C., said issuance of its mortgage-backed securities totaled an agency record of $70.04 billion in July, providing financing for more than 261,000 homeowners and renters.
Tag: Radian
Industry Briefs June 16, 2020
To help limited English proficiency borrowers who are experiencing mortgage-related difficulties due to the coronavirus national emergency, the Federal Housing Finance Agency added new translations to the Mortgage Translations website. Site visitors can now choose English, Spanish, traditional Chinese, Vietnamese, Korean, or Tagalog when accessing scripts that servicers use when discussing COVID-19 forbearance with borrowers.
Industry Briefs June 3, 2020
The Federal Housing Finance Agency released its latest report on the sale of non-performing loans by Fannie Mae and Freddie Mac. The report shows that, through December 31, 2019, the Enterprises sold 126,757 NPLs with a total unpaid principal balance of $23.8 billion.
Home Prices Rising Despite Coronavirus
Several reports this week suggest despite the crippling effect the coronavirus has had on the spring housing market, home prices continue to increase.
Industry Briefs
The Consumer Financial Protection Bureau issued a Supplemental Notice of Proposed Rulemaking regarding collection of time-barred debt.
Radian: 2019 Home Price Gains Highest in More than a Decade
Radian, Philadelphia, said home prices across the United States rose by nearly 7 percent in 2019, the largest annual increase since 2006.
MBA Opens Doors Posts Another Record Year of Fundraising
The MBA Opens Doors Foundation announced it raised $644,000 during the Mortgage Bankers Association’s 2019 Annual Convention and Expo, held in Austin, Texas, Oct. 27-30.
MBA Opens Doors Foundation Announces 2019 Award Winners
AUSTIN, TEXAS–The MBA Opens Doors Foundation announced its 2019 annual awards, which recognize those who have made lasting contributions to advance the Foundation’s mission of providing mortgage and rental assistance grants to parents and guardians caring for critically ill or injured children.