Ginnie Mae President Alanna McCargo is resigning from her position at the government-owned company effective May…
Tag: Ginnie Mae
Ginnie Mae denies majority of complaint in Texas Capital Bank lawsuit
Ginnie Mae has filed a point-by-point response to the initial complaint of the case brought against…
Ginnie Mae expands its monthly single-family reporting
Ginnie Mae unveiled a significant revision on Wednesday to its monthly single-family reporting protocols. The government…
Former Ginnie Mae president reacts to lawmaker’s reverse mortgage securities letter
Following the submission of a letter by Indiana Sen. Mike Braun (R) to Ginnie Mae President…
Ginnie Mae to issue new pool-level disclosure in HMBS program
Ginnie Mae announced this week that it is adding a new pool-level, low-to-moderate income (LMI) disclosure…
Ginnie Mae warns issuer partners about faster prepayments
Ginnie Mae this week issued a public notice to its issuer partners warning of an observation…
Judge allows bulk of Texas Capital case against Ginnie Mae to proceed
The federal judge overseeing a case brought by Texas Capital Bank (TCB) against Ginnie Mae has…
Indiana senator seeks information on HECM stability, calls for ‘congressional scrutiny’
The Home Equity Conversion Mortgage (HECM) program faces stability and viability challenges stemming from the 2022…