Tag: 上海嘉定哪里有的

Ginnie Mae: MBS Remain Source of Affordable Financing for Homeownership

first_img Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Home / Daily Dose / Ginnie Mae: MBS Remain Source of Affordable Financing for Homeownership Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. April 8, 2021 732 Views Ginnie Mae: MBS Remain Source of Affordable Financing for Homeownership Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save 2021-04-08 Christina Hughes Babb in Daily Dose, Featured, News Ginnie Mae on Thursday announced that mortgage-backed securities (MBS) continue to be a source of affordable financing for homeownership and rental housing.For March, Ginnie Mae reported an MBS issuance volume of $82.25 billion in March, up from $77 billion issued in February.Issuance continues to be fueled by across-the-board demand for government-backed mortgages as consumers increase home refinance and home purchase volume during this period of very low interest rates. Approximately 294,072 homes and apartment units were financed by Ginnie Mae guaranteed MBS in March.”Although mortgage rates have increased from their all-time lows, strong consumer appetite for the mortgage programs of our federal insuring and guaranteeing partners continues to drive home purchase and mortgage refinancing and fuel MBS issuance and investment,” said Ginnie Mae Acting EVP Michael Drayne.A breakdown of March issuance of $82.25 billion includes $76.81 billion of Ginnie Mae II MBS and $5.44 billion of Ginnie Mae I MBS, which includes $5.35 billion of loans for multifamily housing.Ginnie Mae’s total outstanding principal balance as of March 31 was $2.1 trillion, not significantly different from $2.105 trillion in February, and down slightly from the March 2020 level of $2.14 trillion.The following explains the two types of Ginne Mae MBS:Ginnie Mae I MBS are modified pass-through mortgage-backed securities for which registered holders receive separate principal and interest payments on each of their certificates. Ginnie Mae I securities can include single-family, multifamily, manufactured home, and project construction loans.Ginnie Mae II MBS are modified pass-through mortgage-backed securities for which registered holders receive an aggregate principal and interest payment from a central paying agent. An Issuer may participate in the Ginnie Mae II MBS either by issuing custom, single-Issuer pools or through participation in the issuance of multiple-Issuer pools, which combine loans with similar characteristics.Ginnie Mae in 2013 began releasing monthly loan-level data for existing, active single-family mortgage-backed securities (MBS).”The release of loan-level data for existing single-family MBS is an important step toward improving our transparency,” Ginnie Mae President Ted Tozer said at the time. “Enhancing MBS disclosures assists Ginnie Mae in attracting global capital by meeting the needs of investors more effectively and enabling them to make better-informed investment decisions.The company has since been continuing to enhance its MBS data disclosure system.For more information on monthly MBS issuance, UPB balance, REMIC monthly issuance and global market analysis visit Ginnie Mae Disclosure. Related Articles Subscribe The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 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 Previous: Michael Anselmo Joins the Codilis Family of Firms Next: Seller’s Market Continues to Flourish About Author: Christina Hughes Babb  Print This Post Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

Mixed reactions to Osborne’s “Budget for growth”

first_imgA number of measures that should help both small and large bakery firms were announced in the 2011 Budget on Wednesday.Corporation tax is to be cut by 2% in April, rather than 1% as previously planned, while there will be no new regulations on firms with fewer than 10 staff for three years.Chancellor George Osborne also announced a number of measures to help halt the pressure of rising fuel prices. Fuel duty was to be cut by 1p per litre from 1800 GMT on Wednesday 23 March, and the planned 4p per litre rise due in April is to be delayed until 2012. Melanie Leech, Food and Drink Federation, director general said the Chancellor had made a number of important announcements that were positive for the food and drink industry, and its potential for further growth.“In particular we strongly support the decision to extend Climate Change Agreements to 2023 on which we have been lobbying the government in recent weeks. We also welcome the restoration of the Climate Change Levy discount on electricity to 80% from 2013.”She said the FDF was also pleased to see the planned increases in fuel duty scrapped. “Food manufacturing is heavily dependent on fuel and any increase imposes an enormous burden on our members. Earlier this month, together with partner organisations, we wrote to the Chancellor to express our concerns about the rising fuel cost situation, and we are pleased that an increase will not now happen.”The Chancellor, in what he called the “budget for growth”, downgraded the 2011 growth forecast from 2.1% to 1.7%, and the 2012 forecast from 2.6% to 2.5%. Inflation is set to remain between 4% and 5% in 2011, falling to 2.5% in 2012.The Forum of Private Businesses said the government’s small business growth strategy is just a first step, and argued that tax and red tape plans should have gone further. It welcomed the short-term measures to boost enterprise, but said more must be done in the long-term if small businesses are to truly drive growth and job creation.“It was important a Budget heralded as being pro-enterprise focused on easing the dual burdens of tax and red tape – two of the biggest barriers to business growth and job creation facing small businesses. In that sense, we weren’t disappointed and this was certainly more than just a nod in the direction of UK SMEs,” said the Forum’s chief executive, Phil Orford.“However, while there have been some definite steps in the right direction the government could have gone further in reducing taxes and making the tax and regulatory systems more proportional to all small businesses so that they incentivise to entrepreneurship rather than act as a barrier to it.”The Federation of Small Businesses echoed this view, stating that although it welcomed announcements in the Budget which will help provide stability, it didn’t go far enough to incentivise job creation. “The biggest opportunity missing from this Budget is by not extending the NICs holiday nationwide to existing businesses, which would really have provided incentives for small firms to take on more staff,” commented national chairman, John Walker.last_img read more

Barkley shows encouraging signs for return

first_imgAfter dropping an early season game to an unranked Pac-10 opponent for the second consecutive year, the Trojans are looking to right ship this week at the Coliseum against the Washington State Cougars.Although the status of freshman quarterback Matt Barkley and senior All-American safety Taylor Mays are still day-to-day, USC coach Pete Carroll liked what he saw out of his team at practice yesterday.Working his way · Matt Barkley, who did not play in Saturday’s loss, was able to practice Monday. – Tim Tran | Daily Trojan“We came out and had a good day,” Carroll said. “We’ll do it one day at a time and get ourselves on track. The sense of urgency of doing things right is more obvious than ever in all phases, and we’re going to see if we can get going again.”Barkley split throwing reps with redshirt sophomore quarterback Aaron Corp Monday as the freshman is trying to work his way back from a shoulder injury he suffered against Ohio State. While Barkley is still not 100 percent healthy, Carroll was encouraged what he saw in practice from his young quarterback.“I’d love to see him get back out here and get back his spot,” Carroll said. “I don’t have any problem playing him if he’s OK this week. The fact that he could practice [Monday] was a great sign.”Mays rested during most of practice Monday, as was planned by the coaching staff. He did participate in some running and back peddling drills, but he has still yet to go at full speed since injuring his right knee against the Buckeyes.Even if both stars return to the Trojans this week, USC still has plenty of holes to fix both offensively and defensively if it hopes to win its remaining nine games of the regular season.And Carroll is looking at himself and the coaching staff to address those issues.“It’s more than just talk,” he said. “It’s habits, the sense of urgency and taking care of the ball. That’s why it’s my responsibility because it’s more than one guy.”Carroll did emphasize that unlike last season’s loss against Oregon State where his team looked sluggish in the first half, the Trojans came out ready to play against the Huskies. But, he said, there are some parts of the game that can’t be controlled.“Sometimes it’s the game, and as much as we work at it, it’s a great challenge to win every game. It’s a fantastic challenge,” he said.After USC running backs combined for four fumbles Saturday at Washington, it was a mystery to some why redshirt junior running back C.J. Gable didn’t get any playing time.Carroll revealed Sunday that Gable had the flu and he didn’t want to push him. But Monday’s at practice, Gable said he would have been ready to play if Carroll called his name.“He said it looked like I wasn’t ready,” Gable said. “So I guess how I looked determines how I play I guess, but … if I say I’m ready to go, I’m ready to go. I know when my body is not ready to go.”Gable also said it was frustrating to stand on the sideline and watch his fellow running backs lose the ball four times.“If they fumble, and they get back in, then I guess those are the guys that can do that,” the running back said.“Whenever I get my opportunities, I’m holding onto the ball, because it might be the last one I ever get,” he added.Carroll said Gable has a chance to reclaim his spot in the rotation against Washington State.Although he hasn’t started a game, redshirt freshman defensive end Nick Perry has made a strong case for a starting role early this season.During USC’s first three games, Perry has racked up a team-high four sacks in a backup role and has recorded 10 tackles.“He needs to play more for obvious reasons,” Carroll said. “He’s been so productive … Those are remarkable stats for a guy who hasn’t played very many snaps, so we’ve got to get him in the game more and see if he can keep going.”Carroll also said if Perry has a good week at practice, he may start Saturday against the Cougars.While four sacks in three games may seem tough to accomplish for a backup defensive end, Perry has an easy explanation for his success so far this year.“Basically, I like getting at the quarterback a lot because I like making sacks. So, I have to just play to the best of my ability,” he said.last_img read more

#DONKOMI: Chelsea complete £50m signing of Chilwell from Leicester

first_imgChelsea Football Club has confirmed the signing of English international, Ben Chilwell from Leicester City.The deal is reportedly worth £50m, with the England international earning a weekly wage of £190,000 pending his medical and checks on his heel injury.The 23-year-old becomes Frank Lampard’s third major signing after the Blues purchased Timo Werner from RB Leipzig and Hakim Ziyech from Ajax.Chilwell said: ‘I am delighted to be joining Chelsea at this very exciting time for the club.‘I’m looking forward to being a part of this young, dynamic squad led by Frank Lampard as we challenge for honours next season.‘I can’t wait to get started and hopefully it won’t be long before we’re playing in front of the Chelsea fans at Stamford Bridge.’Signing a new left-back, and Chilwell, in particular, was a big transfer window priority for Lampard.He has long been Lampard’s No.1 choice for the position and, as revealed by the Daily Mail in October, Chelsea had emerged as frontrunners for his signature following previous interest from Manchester City.Chilwell’s move to Stamford Bridge ends his 11-year association with Leicester.He joined the club in 2009, came through the ranks and has made 123 appearances for Leicester, scoring four times.Chelsea director Marina Granovskaia added: ‘We are very pleased to have completed our third addition to our exciting squad for the coming season.‘Ben brings plenty of top-level experience playing in the Premier League, Champions League and at the international level, despite his young age.‘We are confident Ben will adapt very quickly to being a Chelsea player and with the fixture programme for 2020/21 especially busy, he is a fantastic addition to the squad needed to challenge for honours.’last_img read more