Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Tagged with: Ginnie Mae GSE MBS Mortgage-Backed Securities Unpaid Principal Balance Summary Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Government, Journal, News The Best Markets For Residential Property Investors 2 days ago Share Save Ginnie Mae: Outstanding Principal Balance Edges Closer to $2 Trillion Print This Post Subscribe Previous: California Wildfires: Housing Damages Top $5 Billion Next: Opportunity Knocks for Women in Mortgage The Week Ahead: Nearing the Forbearance Exit 2 days ago David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] Related Articles Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago About Author: David Wharton Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Ginnie Mae GSE MBS Mortgage-Backed Securities Unpaid Principal Balance Summary 2017-12-12 David Wharton Home / Daily Dose / Ginnie Mae: Outstanding Principal Balance Edges Closer to $2 Trillion Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago December 12, 2017 2,564 Views Ginnie Mae issued its latest Unpaid Principal Balance Summary this week, revealing that issuance of mortgage-backed securities (MBS) for the month of November 2017 totalled $39.13 billion. Ginnie’s total unpaid principal balance on MBS reached $1.904 trillion for the month, up from $1.894 trillion in October 2016.Of Ginnie Mae’s $39.13 billion issuance for November, $37.215 billion was from the Ginnie Mae II MBS program and $1.986 billion was from Ginnie Mae I MBS. According to Ginnie, Ginnie Mae IIs “are modified pass-through mortgage-backed securities for which registered holders receive an aggregate principal and interest payment from a central paying agent.” Ginnie Mae Is “are modified pass-through mortgage-backed securities on which registered holders receive separate principal and interest payments on each of their certificates.”All told, Ginnie Mae’s November MBS issuance “provided access to $37.734 billion in capital for single-family home loans and $1.467 billion for multi-family home loans.”Total issuance thus far for the fiscal year is $79.341 billion. Ginnie’s total outstanding unpaid principal balance increased to $1.904 trillion in November 2017, which is up from $1.894 trillion in October 2016.The Fed is expected to continue working to shrink the agency’s balance sheet, including MBS issued by Fannie Mae, Freddie Mac, and Ginnie Mae. However, some believe even more drastic changes are needed for the GSEs. Ginnie Mae Acting President Michael R. Bright spoke before the House Financial Services Committee on November 29, during which he discussed a paper he co-wrote with FHFA Acting Director Ed DeMarco in September 2016. It proposed reconstituting Fannie Mae and Freddie Mac as lender-owned mutuals and removing Ginnie Mae from the auspices of the Department of Housing and Urban Development, instead converting Ginnie into a standalone government corporation like the FDIC, “with authority over its own budget, hiring, and compensation.”However, Bright also had praise for Ginnie. “At a very high level, the Ginnie Mae wrap works because we do two things effectively,” Bright said. “First, we are transparent about our rules and our processes with our investors. And second, we work hard to police our program.”You can read all of Ginnie Mae’s Monthly Unpaid Balance Reports by clicking here.
Month: May 2021
The Week Ahead: Nearing the Forbearance Exit 2 days ago in Daily Dose, Featured, Market Studies, News The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Removing Barriers in Foreclosure Documentation Next: How Technology Is Powering Property Preservation Detroit, Indianapolis, and Buffalo are among the least disaster-prone cities to live in. What’s more, these are also among the most affordable for housing, according to an analysis by Redfin.For this study, Redfin analyzed the frequency of five major types of natural disasters—earthquakes, fires, floods, tornadoes, and hurricanes—in the 50 most populous U.S. metro areas. These areas were then ranked according to a metric called the Natural Disaster Hazard Score.Each of the five components was measured on a scale of one to 100, with 100 being the most hazardous metro area for the category. The average of the five components’ frequencies was then taken to get the overall Natural Disaster Hazard Score.“When you buy a home you are paying for more than just the house,” said Daryl Fairweather, Chief Economist at Redfin. “There could be hidden costs associated with natural disasters. If a natural disaster strikes, you may have to pay for damage to your home or for the cost of evacuating your family. And even during times of calm, you may still need to pay for insurance against floods, fire, or earthquakes. Some homes in more hazardous areas might seem more affordable if you are just looking at the sticker price, but they may end up costing more when risks related to natural disasters are factored in.”While Providence, Rhode Island topped this list with a Natural Disaster Hazard Score of nine, it was Detroit, placed second with a score of 10, that topped the list in terms of home affordability. Median home sale prices in the Motor City averaged $125,000Hartford, Connecticut, Las Vegas, and Milwaukee rounded off the top five on this list with Natural Disaster Hazard Scores of 11, 12, and 14 respectively. Indianapolis and Buffalo which ranked sixth and seventh for their overall natural disaster scores were also among the most affordable for housing with median home sale prices at $170,000 and $145,000 respectively.Salt Lake City, Raleigh, North Carolina, and Nashville, Tennessee were also among the 10 least risky cities for natural disasters.With scores of 52 each, Washington, D.C. and Los Angeles were the most at-risk cities for natural disasters according to the study. While residents in the country’s capitals faced risks of hurricanes and flooding, Los Angeles was found to be most at risk from earthquakes and wildfires. These are also the most expensive cities on the list to buy a home with median sale prices of $380,000 and $600,000 respectively. Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago April 11, 2019 7,616 Views Tagged with: Home sale price Homes HOUSING natural disaster Redfin Risks Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / The Cities Where Natural Disaster Risk Is Lowest Home sale price Homes HOUSING natural disaster Redfin Risks 2019-04-11 Radhika Ojha Share Save The Cities Where Natural Disaster Risk Is Lowest Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribe About Author: Radhika Ojha
Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Mortgage Delinquencies Experience Historic Spike Next: Fitch Reviews GSE Credit Risk During Forbearance Servicers Navigate the Post-Pandemic World 2 days ago Five Star Global announced that all Five Star Academy (FSA) courses are free for the next 30 days. This promotion gives users access to more than 30 courses, but also all five certifications and the master certificate program. This offer expires on Friday, June 26, 2020. Please use the discount code “Better Together” for the discount to be applied. Five Star Academy programs include: Regulatory complianceLegal practiceDiversity and inclusionDistressed asset dispositionLife of a LoanThe FSA is an independent certification program with courses written by housing and mortgage experts. The academy offers key education in regulatory compliance, legal practice, diversity and inclusion, and distressed asset disposition in an easy-to-use online format.FSA curriculum blends the following to increase your industry expertise:Online learningBest practicesIndustry participationProficiency examsThese programs are designed for individuals seeking the opportunity to broaden the scope of their professional education, as well as for corporate use to expand knowledge and improve performance among mortgage teams. FSA certifications ensure that those who have completed the coursework are thoroughly informed in the subject matter and equipped to provide a superior quality of service.The FSA offers relevant courses for professionals in all sectors of the mortgage industry, including financial services professionals, individual and institutional investors, legal professionals, lenders and servicers, mortgage professionals, real estate agents and brokers, and service providers. About Author: Mike Albanese in Daily Dose, Featured, News Sign up for DS News Daily Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Related Articles Share Save Print This Post Five Star Academy Courses Free For the Next Month Home / Daily Dose / Five Star Academy Courses Free For the Next Month May 21, 2020 1,376 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago 2020-05-21 Mike Albanese Demand Propels Home Prices Upward 2 days ago Subscribe The Week Ahead: Nearing the Forbearance Exit 2 days ago
Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / The Week Ahead: Strong Employment Numbers Forcing Forbearance Reversal Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Forbearance Forbearance and Call Volume Survey Mike Fratantoni Mortgage Bankers Association (MBA) U.S. Department of Labor 2021-04-23 Eric C. Peck Related Articles Previous: Gauging the Trajectory of America’s Racial Homeownership Gap Next: Forbearance Rate Improvement Expected to Continue About Author: Eric C. Peck Demand Propels Home Prices Upward 2 days ago The Week Ahead: Strong Employment Numbers Forcing Forbearance Reversal Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago April 23, 2021 721 Views Tagged with: Forbearance Forbearance and Call Volume Survey Mike Fratantoni Mortgage Bankers Association (MBA) U.S. Department of Labor Print This Post in Daily Dose, Featured, Journal, News The Best Markets For Residential Property Investors 2 days ago Share Save Monday brings the results of the latest Forbearance and Call Volume Survey from the Mortgage Bankers Association (MBA), and with it, will the total number of loans in forbearance slide for an eighth straight week?With an estimated 2.3 million homeowners currently in forbearance plans, data found that the number of loans in forbearance reached 4.50% last week, down 16 basis points over the previous week. The U.S. Department of Labor reported that for the week ending April 17, unemployment claims slid to 547,000, a decrease of 39,000 from the previous week, marking the lowest level of initial claims since March 14, 2020 when it was 256,000.“Combined with the homeowner assistance and stimulus payments that many households are receiving, we expect that the forbearance numbers will continue to decline in the months ahead, as more individuals regain employment,” said Mike Fratantoni, MBA’s Senior Vice President and Chief Economist.As more and more Americans return to the workforce, the servicing sector will pick up steam in guiding the nation’s homeowners out of the forbearance process.Here’s what else is happening in The Week Ahead:Urban Institute Virtual Meeting “Housing Wealth Equity Projections: How Future Headship and Homeownership Rates Could Affect Racial Gaps” (Monday)MBA Weekly Applications Survey (Wednesday)Realtor.com Weekly Housing Market Recap (Wednesday)Safeguard Properties Webinar Series 2021: Examining Updates to HUD’s Servicing Guide (Thursday)Freddie Mac Primary Mortgage Market Survey (Thursday)U.S. Department of Labor’s Unemployment Insurance Weekly Claims Report (Thursday)Black Knight weekly forbearance data (Friday) Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Eric C. Peck has 20-plus years’ experience covering the mortgage industry, he most recently served as Editor-in-Chief for The Mortgage Press and National Mortgage Professional Magazine. Peck graduated from the New York Institute of Technology where he received his B.A. in Communication Arts/Media. After graduating, he began his professional career with Videography Magazine before landing in the mortgage space. Peck has edited three published books and has served as Copy Editor for Entrepreneur.com. Subscribe
Facebook Google+ Pinterest Pinterest Facebook Google+ Almost 10,000 appointments cancelled in Saolta Hospital Group this week News Emergency legislation to liquidate the former Anglo Irish Bank has been rushed through the Dail overnight – ahead of an expected announcement on bank debt deal for Ireland today.President Michael D. Higgins has signed the Irish Bank Resolution Bill 2013 in to law at Aras an Uachtarain this morning.The Finance Minister’s admitted he nearly had to move several times in recent months to liquidate the Irish Bank Resolution Corporation.Michael Noonan says he was forced into liquidating the bank in a dramatic late night Dáil sitting because he wasn’t able to deny media reports that this was what he intended to do.He says while there was no specific threat to 14 billion euro worth of assets, he needed to act before the Courts open later this morning.A deal on the promissory notes is now expected to be announced later today, with An Taoiseach Enda Kenny having referred to it in his Dáil speech.Páraic Gallagher reports from Leinster House………..[podcast]http://www.highlandradio.com/wp-content/uploads/2013/02/paric830.mp3[/podcast]Sinn Fein’s Pearse Doherty has criticsed the government’s decision to rush the legislation through the Dail in the middle of the night……….[podcast]http://www.highlandradio.com/wp-content/uploads/2013/02/paric830.mp3[/podcast] By News Highland – February 7, 2013 WhatsApp Twitter Emergency legislation to liquidate Anglo rushed through Dail overnight WhatsApp Calls for maternity restrictions to be lifted at LUH RELATED ARTICLESMORE FROM AUTHOR Twitter Previous articleSoccer – Forde & Sammon Could Feature In Sweden GameNext articleMan and woman arrested in Derry in relation to Peace Bridge robbery News Highland LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Guidelines for reopening of hospitality sector published Three factors driving Donegal housing market – Robinson Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey
LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Almost 10,000 appointments cancelled in Saolta Hospital Group this week Pinterest News Google+ RELATED ARTICLESMORE FROM AUTHOR Three factors driving Donegal housing market – Robinson Guidelines for reopening of hospitality sector published Irish football fans who are keen to see the Euro 2012 games next year – will now have the option of a one day return flight through Ryanair.The airline announced today it will fly for the Croatia game on June 10th, the game against Spain on the 14th of June, and against Italy on the 18th.However, Irish fans may have a challenge on their hands when it comes to landing tickets for the matches in Poland.But Ryanair Chief Executive is confident that the Irish fans never have a problem locating tickets:[podcast]http://www.highlandradio.com/wp-content/uploads/2011/12/17olea1.mp3[/podcast] Calls for maternity restrictions to be lifted at LUH WhatsApp Ryanair to run one day return flights to Poland for Euro 2012 Pinterest Facebook WhatsApp Twitter By News Highland – December 14, 2011 Previous articleDonegal drivers lackadaisical when it comes to car securityNext articleEircom to brief Letterkenny Council on future plans for the town in January News Highland Twitter Google+ Facebook Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey
Homepage BannerNews Rents rise by just over 4% in Donegal By admin – February 9, 2016 Facebook Twitter Google+ Pinterest WhatsApp Rents continue to rise in Donegal with a 4.1% increase in the final quarter of last year.The latest Daft.ie report shows the average advertised rent in the county is now €517, up 6% from their lowest point in 2013.Nationally rents rose by an average of 9.0% during 2015.Ronan Lyons, economist at Trinity College Dublin and author of the Daft Report says the outlook for Donegal for this year looks like further increases due to supply and demand:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2016/02/ronanrent.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.
EU structural funding should be used to create jobs – Deputy McHugh Dail to vote later on extending emergency Covid powers Pinterest Facebook News Google+ Pinterest Donegal North East Deputy Joe Mc Hugh has told the Dail that the possibility of applying for EU structural funds to create jobs should be investigated.Speaking during a debate on the bailout package, Deputy Mc Hugh said neither the IMF nor the EU have any issues with the use of EU funds on cross border projects, and the collaborative model being followed in Donegal, Derry, Tyrone and Fermanagh should be adopted nationally.He said a clear message should be sent to Europe that supporting job creation through the use of structural funding is the best way to ensure economic recovery, and the history of cross border projects in the North West shows how that can be achieved……….[podcast]http://www.highlandradio.com/wp-content/uploads/2011/05/2joemc830.mp3[/podcast] Dail hears questions over design, funding and operation of Mica redress scheme WhatsApp By News Highland – May 5, 2011 PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Google+ Twitter HSE warns of ‘widespread cancellations’ of appointments next week RELATED ARTICLESMORE FROM AUTHOR Man arrested in Derry on suspicion of drugs and criminal property offences released Watch: The Nine Til Noon Show LIVE WhatsApp Previous articleGAA – McBrearty & McGee in Donegal squadNext articleSinn Fein to raise Donegal fires in Dail tonight again News Highland Facebook Twitter
Newsx Adverts Dail to vote later on extending emergency Covid powers Facebook Facebook Dail hears questions over design, funding and operation of Mica redress scheme Google+ Man arrested in Derry on suspicion of drugs and criminal property offences released WhatsApp Twitter An entrepreneur recruitment campaign gets underway in Letterkenny today – as part of the Government’s Action Plan on Jobs.It’s part of a national programme to help people start their own business which is being rolled out at Institutes of Technology around the country, in conjunction with Enterprise Ireland.The Minister for Research and Innovation Sean Sherlock says New Frontiers aims to deliver 100 new companies a year.Martin Lyes of Enterprise Ireland explains has been outlining the targets……….[podcast]http://www.highlandradio.com/wp-content/uploads/2012/02/entir830.mp3[/podcast] WhatsApp LYIT involved in entrepreuner recruitment campaign PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Twitter Man arrested on suspicion of drugs and criminal property offences in Derry Pinterest RELATED ARTICLESMORE FROM AUTHOR HSE warns of ‘widespread cancellations’ of appointments next week Pinterest Previous articleTourism Minister tells winter school that Irish Open will be great for DonegalNext articlePoll finds Donegal accent is the sexiest in Ireland News Highland Google+ By News Highland – February 27, 2012
WhatsApp WhatsApp Main Evening News, Sport and Obituaries Tuesday May 25th Pinterest RELATED ARTICLESMORE FROM AUTHOR Facebook Further drop in people receiving PUP in Donegal 75 positive cases of Covid confirmed in North Sinn Fein is refuting in the strongest terms claims that the Republican Movement used Donegal as a “dumping ground” for sex offenders within its ranks. The claim was made by a spokesperson for the Belfast Rape Crisis centre in yesterday’s ‘Donegal on Sunday’ newspaper.Senator Pearse Doherty says these claims are part of a wider attempt to smear the party in Belfast, and has stressed he does not believe the Donegal paper to be part of that campaign.He says the party is taking legal advice. News Gardai continue to investigate Kilmacrennan fire By News Highland – January 25, 2010 Previous articleUdaras reports a net loss of 21 jobs in Donegal last yearNext articleAccused friend says he had sex with alleged rape victim News Highland Twitter Google+ Facebook Man arrested on suspicion of drugs and criminal property offences in Derry 365 additional cases of Covid-19 in Republic Google+ Pinterest Sinn Fein in Donegal denies “dumping ground” claim Twitter