Ginnie Mae

Compliance & Regulatory, Mortgage Services

The Government National Mortgage Association, or Ginnie Mae, is a U.S. government-owned corporation that resides within the U.S. Department of Housing and Urban Development (HUD). Its guaranty allows mortgage lenders to obtain a better price for their mortgage loans in the secondary mortgage market. The lenders can then use the proceeds of a sale of loans to fund new mortgage loans.

Ginnie Mae was founded with the signing of the Housing and Urban Development Act of 1968 signed into law by President Lyndon Johnson, and is headquartered alongside HUD in Washington, D.C.

Latest Ginnie Mae News

ginnie mae word or concept represented by wooden letter tiles on a wooden table with glasses and a book

Ginnie Mae exec who helped launch MBS issuer scorecard announces retirement

Dec 20, 2024By Chris Clow

Ginnie Mae’s Leslie Meaux Pordzik is retiring after a 36-year career during which she helped launch the company’s first MBS issuer scorecard.

Ginnie Mae annual report touts HMBS 2.0 work as commitment to reverse mortgage space

Dec 18, 2024By Chris Clow
Ginnie Mae report illustrates portfolio growth, direct contribution to government earnings

Dec 18, 2024By Chris Clow
New MBA securities proposal mentions HMBS 2.0 as ‘logistical template’

Dec 13, 2024By Chris Clow
MBA floats idea for new Ginnie Mae mortgage securitization product

Dec 12, 2024By Chris Clow
CHLA, HPC urge funding increases for FHA, Ginnie Mae ahead of federal spending debate

Dec 10, 2024By Chris Clow
Freddie Mac names former Ginnie Mae head Sam Valverde to executive role

Dec 06, 2024By Flávia Furlan Nunes
Reverse mortgage metrics show little movement in November

Dec 03, 2024By Chris Clow
Former official Brian Montgomery says conservatives ‘should love’ HUD programs

Dec 03, 2024By Chris Clow
FHA extends cybersecurity reporting requirement timeline from 12 to 36 hours

Dec 03, 2024By Chris Clow

Ginnie Mae Content

Don’t let the upcoming Ginnie Mae stress tests stress you out

Jan 24, 2019 5:00 pmBy Michael McFadden

Ten years after the housing and mortgage-market crash and subsequent reforms, there is renewed concern about the liquidity risk in the mortgage market and Ginnie Mae has suggested a series of stress tests they will be imposing on nonbank lenders in the near future. In this environment, lenders who take a proactive, rather than reactive, approach can sleep well at night knowing they are set for success in any market conditions.