Tag: 上海外模经纪人

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

Retiring ASCA director Al Head visits JCA

first_img Published 3:00 am Friday, November 16, 2018 “From the beginning of our efforts to bring the arts to the forefront in Troy and Pike County, we have had the support of Al Head and ASCA,” White said. “The Troy-Pike Cultural Arts Foundation received a Cultural Arts Facilities Grant for the renovation of the old Troy Post Office to an arts center. The grant was the largest given that year. “The Al Head-led Alabama State Council on the Arts has been very gracious in funding our programs over the years. We didn’t always receive the amount we had requested but we never came away empty-handed. We are where we are today because of ASCA’s support. Al’s leadership has brought the arts forward in Alabama in ways we could never have imagined. We can never thank him enough for his support, his encouragement and his leadership. Al Head will be greatly missed. We wish him all the best.”Head, who served in state arts agency positions in Florida and Louisiana before returning home to Alabama as council director in 1985, is the longest sitting state arts agency director in the country. Among the highlights of Head’s leadership are the development of a nationally-recognized state folklife program, the creation of the Alabama Writers Forum, the creation of Design Alabama, the creation of the Alabama Dance Council, expanding arts education partnerships and the cultivation of a cultural exchange with Pietrasanta, ItalyHis personal recognitions on the national level include the National Heritage Award in 2012 given by the National Endowment for the Arts and the Gary Young Award presented to him in 1998 by the National Assembly of State Arts Agencies. Retiring ASCA director Al Head visits JCA Print Article Murder trial continues The jury has begun deliberating on whether to convict Jacory Townsend, 25, of Brundidge, with first-degree murder in the shooting… read more Plans underway for historic Pike County celebration Email the author Remember America’s heroes on Memorial Day Book Nook to reopen In June 2018, Al Head, executive director of the Alabama State Council on the Arts for the past 33 years, announced his retirement, effective December 31, 2018.Head was quoted as saying it had been a wonderful and memorable run in a field made up of a special group of artists, arts administrators, arts educators, arts patrons and volunteers.“The opportunity to contribute a bit to the quality of life in Alabama through the arts has been a privilege,” he said. You Might Like Pike County Sheriff’s Office offering community child ID kitscenter_img Latest Stories Sponsored Content By The Penny Hoarder On Thursday, the Troy-Pike Cultural Arts Foundation and the Johnson Center for the Arts hosted a reception for Head as a way of showing appreciation to him for his leadership in moving Alabama arts forward for more than three decades.Gibson said it was Al Head’s support, his encouragement and his influence that steered Troy’s grassroots arts effort in the right direction.“We were trying to begin a cultural arts movement and look credible while doing it,” he said. “Al steered us in the right direction and helped us become notable in the art world. Al is a native of Troy but he didn’t just do it for us. His support and encouragement were also invaluable for those involved with the We Piddle Around Theater, the Troy Arts Council and Troy University. Al Head has moved the arts forward across the entire state of Alabama.”Wiley White, Johnson Center for the Arts exhibition coordinator, agreed that Head has done much for the arts in Troy and all Alabama. The Penny Hoarder Issues “Urgent” Alert: 6 Companies… Troy falls to No. 13 Clemson Next UpMack Gibson, who chaired the Troy-Pike Cultural Arts Foundation for 14 years, questioned Head’s statement.“Contributed a ‘bit’ to the quality of life?” Gibson said. “Al Head’s contributions to the arts in Alabama and to the quality of life of all our citizens are immeasurable. There is no way to calculate what his influence has meant and will continue to mean to all Alabamians. His influence has reached into every corner of the state, from the largest cities to the smallest communities. He was just what the arts in Alabama needed and he did not leave us short.” By Jaine Treadwell Mack Gibson, former chair of the Troy-Pike Cultural Arts Center, shakes hands with Al Head, retiring director of the Alabama State Arts Council. Gibson said Head has contributed an ‘immeasurable’ amount to the arts in Pike County and Alabama as a whole. Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthBest 13 Fortnite Skins That You NeedTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Bahrain’s Prince Khalifa, world’s longest serving prime minister, dies

first_imgPrince Khalifa bin Salman Al Khalifa had led Bahrain’s government since independence in 1971.- Advertisement –last_img