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Ginnie Mae News is an EIN News Service for political professionals. Constantly updated news and information about U.S. politics.
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  • Got Yield? Try a Ginnie Mae Fund 6 Nov 2009 16:30 GMT
    ... The federal government guarantees that investors in Ginnie Mae bonds will receive all of the principal and interest payments they are owed. If ...

  • Former Taylor Bean customers find mortgage checks not being credited 7 Nov 2009 09:46 GMT
    ... — and possibly through December — as it continues sorting through Taylor Bean accounts. Ginnie Mae, the federal mortgage guarantor that transferred the loans to Bank of America, said it, ...

  • Global Leveraged Speculation Upsurge, Financial Crisis Not Over 7 Nov 2009 22:18 GMT
    ... guarantees from government supported mortgage companies Fannie Mae and Freddie Mac or U.S. agency Ginnie Mae, and now guide rates on almost all new home lending. Non-agency home-loan bonds lack ...

  • Pletschet: Savers need to get out of low returns 5 Nov 2009 17:31 GMT
    ... Vanguard GNMA Fund carries mortgage-backed bonds of the Government National Mortgage Association, popularly called Ginnie Mae, which should not be confused with its more notorious siblings, Freddie Mac and Fannie ...

  • Savers need to get out of low returns 5 Nov 2009 17:37 GMT
    ... Vanguard GNMA Fund carries mortgage-backed bonds of the Government National Mortgage Association, popularly called Ginnie Mae, which should not be confused with its more notorious siblings, Freddie Mac and Fannie ...

  • Despite Less MBS Purchases, Fed Still Helping Keep Mortgage Rates Low 5 Nov 2009 23:21 GMT
    ... more generally. Only fixed-rate agency MBS securities guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae are eligible assets for the program. The program includes, but is not limited to, ...

  • Is a Bailout for the FHA In the Works? 5 Nov 2009 19:52 GMT
    ... by abandoned houses. U.S. taxpayers also own their cousin, the Government National Mortgage Association (Ginnie Mae), the government cheese program of mortgages, as it also is fast becoming a trillion-dollar ...

  • Interview: Jeff Taylor Discusses Reverse Mortgage Data and Growth 4 Nov 2009 22:14 GMT
    ... affect the industry's prospects, as well as individual lenders. For example, in regards to Ginnie Mae, the industry needs to increase investor, regulator, originator and servicer understanding of the significant ...

  • What does the FHA think it is doing? 3 Nov 2009 14:55 GMT
    ... companies make their loans. The FHA buys the mortgages and then rolls them into Ginnie Mae Mortgage Backed Securities. Sold around the world, these bonds are rock-solid investments because they ...

  • HUD Alleges Further Mortgagee Violations 7 Nov 2009 17:37 GMT
    ... in the two loans at issue. US Bank, a Minneapolis-headquarted federal savings bank and Ginnie Mae issuer, has agreed to settle allegations that it violated HUD/FHA requirements in the submission ...

  • Fed bought $16 bln net in agency MBS in latest week 5 Nov 2009 20:42 GMT
    ... U.S. central bank's purchase of mortgage bonds guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae to roughly $993 billion since January. The Fed said it bought $16 billion gross ...

  • Anworth Announces Third Quarter 2009 Financial Results 3 Nov 2009 21:51 GMT
    ... investment trust which invests primarily in securities guaranteed by the U.S. Government, such as Ginnie Mae, or guaranteed by federally sponsored enterprises, such as Fannie Mae or Freddie Mac. Anworth ...

  • Bimini Capital Management to Broadcast Third Quarter Earnings Conference Call on the Internet 6 Nov 2009 12:31 GMT
    ... the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Government National Mortgage Association (Ginnie Mae). Its objective is to earn returns on the spread between the yield on its ...

  • Fannie Mae Reverse Mortgage Portfolio Grows, Market Share Shrinks 6 Nov 2009 18:14 GMT
    ... acquisitions to fall to 20% during the 3Q and to 10% in September 2009. Ginnie Mae has picked up the slack for FNMA, FNMA posted a net loss of $19.8bn, ...

  • 30-year rates fall back below 5 percent 6 Nov 2009 18:21 GMT
    ... yields on long-term government debt. The bond purchases, from Fannie Mae, Freddie Mac and Ginnie Mae, brought down yields on mortgage-backed securities and allowed lenders to reduce rates on new ...


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