Ginnie Mae Newswire

Celink parent adds former Ginnie Mae exec to its board of directors

Pordzik spent 13 years at Ginnie Mae. She oversaw more than 400 mortgage-backed securities (MBS) issuers during her tenure while aiming to modernize compliance and monitoring profiles. She also played a role in introducing the Issuer Operational …

Ginnie Mae filling leadership void with new COO

Ginnie Mae has made its first high-level appointment under the Trump administration, naming former public housing and trade group official Joseph Gormley as executive vice president and chief operating officer. The appointment puts Gormley in a leadership …

Court upholds Ginnie Mae’s authority in reverse mortgage dispute, grants summary judgment

On April 2, the U.S. District Court for the Northern District of Texas granted defendant Ginnie Mae’s motion for summary judgment in a dispute concerning Ginnie Mae’s Home Equity Conversion Mortgage (HECM) mortgage-backed securities (HMBS) program. The …

Mr. Cooper Group Inc. (NASDAQ:COOP) Q1 2025 Earnings Call Transcript

Mr. Cooper Group Inc. (NASDAQ:COOP) Q1 2025 Earnings Call Transcript April 23, 2025 Mr. Cooper Group Inc. beats earnings expectations. Reported EPS is $2.97, expectations were $2.81. Ken Posner: Good morning. My name is Ken Posner, and I’m SVP of Strategic …

What is Ginnie Mae? A complete guide

Judge rules in favor of Ginnie Mae in lawsuit brought by Texas Capital Bank

Dispute and decision TCB contended this occurred after Ginnie Mae turned to TCB to avoid “a catastrophic disruption of the HECM program.” In return for lending money to Reverse Mortgage Funding (RMF), TCB said it received a first priority lien “on certain …

Ginnie Mae beats Texas Capital Bank's HECM lawsuit

A judge has dismissed Texas Capital Bank's federal lawsuit against Ginnie Mae over mortgage assets, a ruling the bank said could have a "chilling effect" on the industry.  U.S. District Judge Matthew Kacsmaryk on Wednesday granted Ginnie' …

AGNC Investment Corp. (NASDAQ:AGNC) Q1 2025 Earnings Call Transcript

AGNC Investment Corp. (NASDAQ:AGNC) Q1 2025 Earnings Call Transcript April 22, 2025 Operator: Good morning, and welcome to the AGNC Investment Corp. First Quarter 2025 Shareholder Call. All participants will be in listen-only mode. [Operator Instructions] …

Judge admits expert testimony from TCB in case against Ginnie Mae

Earlier this month, government attorneys challenged the inclusion of the report on the record, contending that “the court should deny TCB’s implicit request for reconsideration” because the report was not “appropriate or useful.” But Judge Matthew …

Ginnie Mae MBS issuance drops for third straight month

Monthly volume for new issuances of Ginnie Mae mortgage-backed securities declined for the third straight month after reaching a two-year peak last fall. The guarantor of government-backed loans reported $33.8 billion in MBS issued in February, off from $ …

Loss-mit changes signal a return to normal in mortgage

Enjoy complimentary access to top ideas and insights — selected by our editors. As we foretold, the Trump Administration is moving to roll-back many of the policies of the Biden regime in the world of housing, particularly open-ended forbearance. The …

Whole Loan Trading, POS, AI Virtual Assistant Products; Webinars, Events, and Training; Govt Updates

Whole Loan Trading, POS, AI Virtual Assistant Products; Webinars, Events, and Training; Govt Updates In the 1980s I fell off my bike and hurt my knee. I'm telling you this now because we didn't have social media then. It doesn’t take social media …

Ginnie Mae challenges TCB expert’s testimony in HMBS case

Last month, TCB contended in a filing that the government’s assertion “that Ginnie Mae had statutory authority to extinguish TCB’s lien” on the collateral at issue is “incorrect.” Congress clearly laid out Ginnie Mae’s authority to pool backing securities …

It pays to know who owns your Las Cruces mortgage | Opinion

If you’ve ever taken out a mortgage, there’s a good chance the lender who made the loan to you sold it to another bank or investor before you made your first payment. There’s also a good chance that if you’ve had your mortgage for a few years, it may have …

Trump taps HUD deputy but FHA, Ginnie Mae vacancies remain

The new look of the Department of Housing and Urban Development is beginning to take shape, but key leadership vacancies remain.  The Trump administration this week nominated current HUD Chief of Staff Andrew Hughes to serve as deputy secretary, under …

Texas Capital Bank enlists reverse mortgage expert’s opinion in Ginnie Mae lawsuit

But Judge Matthew Kacsmaryk, the presiding judge for the case in the U.S. District Court for the Northern District of Texas, said that the filing did not include any indication of the government’s position on Conway’s included testimony. Kacsmaryk ordered …

Ginnie Mae MSR holdings shift as Trump policies evolve

Ginnie Mae on Wednesday revealed in a ranking compiled with Recursion how the top holders of mortgage servicing rights shifted in the past year and it has one marked change in the top 10 but still leaves the market concentrated in the hands of a consistent …

Texas Capital fights Ginnie Mae in high-stakes HECM case

Texas Capital Bank is fighting Ginnie Mae's recent request for summary judgment in a lawsuit over its right to Home Equity Conversion Mortgage assets by disputing prior court statements. The bank is taking issue with assertions that initial and …

Protect FHA and Ginnie Mae: Vital agencies, proven success

A top Administration priority is to shrink federal agencies and reduce the federal workforce. At the same time certain high priority areas, like military personnel, are exempt from reductions and agency heads can create exemptions as necessary. As the only …

Career Fair - Haven Treatment Center - Vancouver, Washington

VANCOUVER, WA, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- Haven Treatment Center invites job seekers to its Career Fair, taking place Monday, April 28, 2025, through Thursday, May 1, 2025, from 4:30 PM to 6:30 PM. Attendees will have the …

Raising Orchid Kids Condemns Secretary Kennedy's Harmful Comments on Autistic Kids, Adults and Families

D.C. area coaches dedicated to supporting families of neurodivergent children speak out against RFK's inaccurate, misleading and harmful comments about autism. WASHINGTON, DC, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- Raising …

Haven Treatment Center Community Celebration - Vancouver, Washington

VANCOUVER, WA, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- Join us at this event on May 2nd from 4:30pm-6:30pm for our Haven Treatment Center Community Celebration! Bring your children, families, and friends for a fantastic lineup of fun- …

Justice Department Announces Two Cases Involving Judicial Misconduct and Obstruction of Law Enforcement

The Justice Department today announced federal criminal charges in two separate cases involving the alleged obstruction of federal law enforcement operations and unlawful concealment of individuals residing illegally in the United States. “The allegations …

RINO Removal Project Launches Nationwide Effort to Promote Voter Engagement and GOP Candidate Accountability

New grassroots initiative launches state chapters, scoring system, and digital tools to boost primary voter turnout. LEXINGTON, KY, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- The RINO Removal Project (RRP) has launched a national campaign aimed …

Comer Announces Full Committee Markup on Budget Legislation for April 30

WASHINGTON—Today, House Committee on Oversight and Government Reform Chairman James Comer (R-Ky.) announced a markup will take place on Wednesday, April 30th at 10:00 a.m. ET to consider budget legislation to advance President Trump’s agenda to provide tax …

'Alan and the Rulers of the Air' MAY 2 RELEASE AMID LAWSUIT SURGE—THRILLER EXAMINES SPIRITUAL FORCES BEHIND ATTACKS

BMG-GLOBAL ANNOUNCES "Alan and the Rulers of the Air" MAY 2 RELEASE AS RELIGIOUS LIBERTY LAWSUITS SURGE NATIONWIDE—THRILLER EXAMINES FORCES BEHIND ATTACKS LOS ANGELES, AZ, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- As debates around …

Eastern Shore Seniors Rally to Defend Social Security, Medicare; Urge Rep. Andy Harris to Protect Vital Programs

Local Seniors and Advocates Unite to Demand Protection for Earned Benefits Amid Ongoing Threats from Congress CAMBRIDGE, MD, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- NOTE TO MEDIA: Visuals will include signs, seniors in motion with …

Shadow SEC Warns of Dangerous Cuts to SEC Budget and Staff

The SEC is facing cuts’ due to budget reductions, staff cuts, and a new Executive Order requiring all policy decisions to receive prior approval from the OMB. NEW YORK, NY, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- In Deminor’s latest article …

Black Saber Group Making Big Strides

Black Saber Group showcased at Iridium Partner Conference 2025, established new partnerships, and have sold hundreds of E-Clips and E-Docks TAMPA, FL, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- Today Black Saber Group, a company focused …

Justice Department Corrects Past Administration’s Manipulation of Legal System that Sought to Force States to Provide ...

In a pair of filings today in the U.S. District Court for the Northern District of Georgia, the Justice Department undid the past administration’s abuse of the legal system that pushed an agenda driven by politics, not law. The Justice Department’s Civil …

Two Foreign Nationals Arrested in Serbia for Directing Interstate Stalking and Harassment Scheme Targeting Los Angeles-...

Yesterday, Serbian law enforcement authorities arrested two foreign nationals, Cui Guanghai, 43, of China, and John Miller, 63, of the United Kingdom, at the request of the United States. Today, the United States unsealed its criminal complaint alleging …

Armenian National Committee of America Calls on President Trump to Properly Recognize Armenian Genocide

Armenian Americans Reject Trump’s Re-Enforcement of Turkey’s Gag Rule; Call for Policy Reset to Counter Azerbaijan’s Genocidal Aggression WASHINGTON, DC, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- The Armenian National Committee of …

Higgins Urges ATF to Update Firearms Transaction Form to Protect Americans from Mistakenly Committing Felonies and ...

WASHINGTON—Subcommittee on Federal Law Enforcement Chairman Clay Higgins (R-La.) today is calling on the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) to make necessary updates to its firearms transactions record form (Form 4473) to protect …

DLNR News Release – TEMPORARY CLOSURE OF POLOLŪ TRAIL AND LOOKOUT ON MAY 3

  STATE OF HAWAIʻI KA MOKU ʻĀINA O HAWAIʻI   DEPARTMENT OF LAND AND NATURAL RESOURCES KA ‘OIHANA KUMUWAIWAI ‘ĀINA        JOSH GREEN, M.D. GOVERNOR   DAWN CHANG CHAIRPERSON     TEMPORARY CLOSURE OF POLOLŪ TRAIL AND LOOKOUT MAY 3   FOR IMMEDIATE RELEASE …

Steel Slag Market Outlook 2025: Impact of U.S. Tariffs and Trade Policies

Key companies covered in steel slag market report are ArcelorMittal, Nippon Steel Corporation, JFE Steel Corporation, Tata Steel, POSCO, Voestalpine Group. NY, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- The global steel slag market size …

Maryland Man Indicted for Conspiring to Provide Material Support to Armed Separatist Fighters to Murder, Kidnap, and ...

A federal grand jury in Baltimore returned an indictment yesterday charging a Cameroonian national, Eric Tataw, also known as “the Garri Master,” 38, of Gaithersburg, Maryland, with conspiring to provide material support to armed separatist militias in …

Scalise to Lead Bipartisan House Delegation to Attend Funeral of Pope Francis

Today, House Majority Leader Steve Scalise (R-La.), the highest ranking Catholic in the House of Representatives, announced he will be leading a bipartisan Congressional delegation of House Members to attend the funeral services of His Holiness Pope …

BCYF Draper Pool is Open!

Stop by the Open House on April 29 to learn about programming and meet the Pool Manager. BCYF Draper Pool in West Roxbury, closed for critical systems repairs, reopened on Wednesday, April 23. There will be an Open House on Tuesday, April 29, from 12:00 p. …

Raja Limousine Introduces Luxury Black Car and SUV Service in Suffolk County, Long Island, New York

"Luxury Black Car & SUV Service for Suffolk County, Long Island, NY" SUFFOLK LONG ISLAND, NY, UNITED STATES, April 24, 2025 /⁨EINPresswire.com⁩/ -- Raja Limousine Offers Luxury Black Car and SUV Service in Suffolk County, New York …