More than $200 billion in agency mortgage-backed securities acquired by the U.S. government at the height of the financial crisis has netted taxpayers a more than 10 percent return. The Housing and Economic Recovery Act of 2008 was signed into law by President George W. Bush on July 30, 2008. Among the provisions of the [...]
Posts Tagged ‘ginnie mae’
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U.S. Nets Tidy Profit from MBS Investments
March 19th, 2012 
davidguide 
Posted in Business Loans 
Tags: Act, department of the treasury, economic recovery act, fannie mae, ginnie mae, Housing, investments, law, mortgage backed securities, percent, Tidy 
Comments OffIssuance Softens at Ginnie
June 29th, 2011 davidguide The issuance of mortgage-backed secuties at Ginnie Mae was down around a billion dollars in May. Compared to year earlier issuance was off approximately $8 billion. The month-over-month decline applied to single-family, home-equity conversion mortgage and multifamily securitizations. View full post on Mortgage Stories
Posted in Business Loans Tags: conversion, Decline, equity conversion mortgage, ginnie mae, home equity conversion, home equity conversion mortgage, Issuance, post, Softens, View Comments OffGinnie Business Fades
September 18th, 2010 davidguide Issuance of Ginnie Mae mortgage-backed securities during August was down 10 percent from a month earlier. Compared to a year earlier, MBS issuance tumbled nearly a quarter. Ginnie noted, however, that multifamily issuance was sustaining “a strong pace.” View full post on Mortgage Stories
Posted in Business Loans Tags: August, Business, Fades, Ginnie, ginnie mae, Issuance, Mae, month, mortgage backed securities, pace, percent, year Comments Off
