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Joe Gormley addresses those pesky Ginnie Mae rumors
In a conversation on Monday with Pete Mills of the Mortgage Bankers Association at the MBA’s Secondary & Capital Markets Conference, Gormley outlined his priorities at Ginnie Mae and answered questions about its oversight of a vast $2.73 trillion portfolio of mortgage-backed securities.
MBA trims 2025 originations forecast as economic anxiety persists
The Mortgage Bankers Association downwardly revised its expectations for existing-home sales and mortgage origination volume in 2025.
Vermont governor sounds alarm on housing issues
The governor of Vermont is criticizing his state’s legislature for not acting quickly enough on meaningful housing legislation.
The savagely unhealthy housing market is over
The housing market was savagely unhealthy last year and now we are back to a more normal level of over 30 days on the market.
Housing Market Tracker: Mortgage rates spike as inventory falls
Last week mortgage rates rose as purchase applications and inventory fell, with a noticeable move lower in new listing data.
The homebuilders got lucky this time
The homebuilders got lucky in the current recession since they don’t have to compete with millions of existing homes.
