US Senate committee approves full funding for Ginnie Mae

The U.S. Senate appropriations committee this week approved full funding for the fiscal year 2025 Transportation,…

Senate Aging Committee leaders introduce bill on aging in place

The bipartisan duo that leads the U.S. Senate Special Committee on Aging — Sens. Bob Casey,…

Acting Ginnie Mae president comments on ’HMBS 2.0’

Ginnie Mae, which manages the government-guaranteed portfolio of forward and reverse mortgage-backed securities (MBS), announced this…

Arizona senators announce $233M in new funding for state tribal housing

New housing grants totaling more than $233.7 million will be distributed to 20 tribal communities in…

Republicans tell FHFA they oppose Freddie Mac’s closed-end second mortgage proposal

On Wednesday, the FHFA closed the comment period for the proposal, which was opened in April.…

Indiana senator explains his inquiries into reverse mortgages

Late last week, Indiana Sen. Mike Braun (R) submitted a letter to Ginnie Mae president Alanna…

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…