MBS Remain ‘Strong Source of Capital for America’s Homeowners’

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles MBS Remain ‘Strong Source of Capital for America’s Homeowners’ Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 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. The Week Ahead: Nearing the Forbearance Exit 2 days ago Share Save Previous: Home Buying and Selling Sentiment ‘Recovering’ Next: Creating ‘Customers for Life’ Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Ginnie Mae said its mortgage-backed securities (MBS) “continue to be a strong source of capital for America’s homeowners, with more than $76.4 billion of securities issued in October, up from $75.8 billion in September and $60 billion one year ago.”The reported volume reflects home financing for about 277,000 households, Ginne Mae reports.”This is a year that continues to set records for Ginnie Mae and the households we finance,” said Seth Appleton, Principal EVP. “Investors around the world are attracted to the liquidity and value of the only government-guaranteed MBS and the role it plays in keeping housing accessible and affordable for millions of families each year.”A breakdown of October issuance of $76.44 billion includes $72.49 billion of Ginnie Mae II MBS and $3.95 billion of Ginnie Mae I MBS, which includes $3.85 billion of loans for multifamily housing.Ginnie Mae describes its I and II MBS as follows: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.According to the company, Ginnie Mae Ginnie MBS programs directly support housing finance programs administered by the Federal Housing Administration, the Department of Veterans Affairs, the Department of Housing and Urban Development’s Office of Public and Indian Housing, and the Department of Agriculture Rural Housing Service.According to Ginnie Mae, it is the “only MBS to carry the explicit full faith and credit of the United States government.” About Author: Christina Hughes Babb The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / MBS Remain ‘Strong Source of Capital for America’s Homeowners’ Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Government, Headlines, Market Studies, News November 9, 2020 1,206 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post 2020-11-09 Christina Hughes Babb The Best Markets For Residential Property Investors 2 days ago Subscribelast_img read more

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Ronaldo: I’m not ready to retire

first_imgRelatedPosts Pirlo not out to copy anyone after Juventus’ comfortable opening win Bale completes Tottenham return from Real Madrid Tottenham sign £25m Sergio Reguilon Cristiano Ronaldo has made it clear that he is not contemplating retirement from football at the age of 34.The Portuguese forward, who moved to Juventus in 2018 following nine remarkable years at Real Madrid, is currently in the second year of a four-year deal in Turin.Last season saw Ronaldo make 43 appearances in all competitions, scoring 28 goals in the process, which indicates that his body is showing no signs of letting up.Speaking ahead of the club’s meeting with Lokomotiv Moscow on Tuesday, Ronaldo told Sky Sports News: “Age is just a number. It does not mean that at 34, 35, 36, you are at the end of your career. I can show that with my performances, how I play, the way I play, the way I still feel good, sharp, thinking about the game, more mature. This makes the difference.“We want to win Serie A, we want to win the Cup, the Champions League. Juventus should think big… We are going to try to win all the trophies, we know it will be difficult, especially the league and the Champions League, but I think it is possible. Everything is possible.“In terms of individual [honours], I have nothing to say as this is individual. It is not the most important thing. The most important is the collective awards. If you win the collective awards, you have more chance to win the individual awards… The Ballon d’Or is for me in second place.”Ronaldo recently made history by scoring his 700th senior goal during a Euro 2020 qualifier with Ukraine earlier this month.The forward has made 815 senior club appearances, along with 162 caps for Portugal’s senior side, and has not played fewer than 40 games per season since 2010.—  Tags: Cristiano RonaldoJuventusLokomotivLokomotiv MoscowReal Madridlast_img read more

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Lakers beat Sixers, 93-84, without Kobe Bryant

first_imgAny New Year’s resolution Kobe Bryant may have made to stay healthy already vanished. Bryant missed the Lakers’ 93-84 victory over the Philadelphia 76ers on Friday at Staples Center because of soreness in his surgically repaired right shoulder. Bryant had reported feeling increased soreness after Wednesday’s win in Boston, where he sat on the bench frequently wearing ice on his right shoulder. Bryant had also conceded he and the Lakers’ training staff “got to be a little bit more aggressive” with his ongoing treatment. But the Lakers had not listed Bryant on their latest injury report until Friday afternoon. Lakers coach Byron Scott said he will monitor Bryant’s health “game-by-game,” making his availability unknown for when the Lakers (7-27) host the Phoenix Suns on Sunday at Staples Center. But has the Lakers’ training staff suggested Bryant’s latest injury could be a long-term issue after needing surgery on his shoulder last January? “Throw a parade, man,” Scott joked.But this game only brought intrigue because the outcome could affect the odds for both teams in the NBA Draft lottery in May. With the NBA’s second-worst record behind Philadelphia (3-32), the Lakers (7-27) have a 55.8 percent chance to keep their top-3 protected draft pick. Otherwise, the Lakers owe to the Sixers as part of the Steve Nash trade. The other subplots: Lakers rookie forward Larry Nance Jr. posted eight points and a career-high 14 rebounds after nursing what Scott called a “tender” right ankle. “The ankle is all good. I’ll be fine,” Nance Jr. said. “I was flying around tonight. Adrenaline is a powerful thing.”Randle posted a solid effort amid his quest to regain his starting spot. Lakers rookie point guard D’Angelo Russell finished with only six points on 3-of-14 shooting, but one of his five assists included throwing a touch pass behind his back to set up Randle for a dunk.“He was thinking about getting on ESPN with one of the top plays,” Scott said, chuckling. “I thought it was pretty cool.”Beforehand, Scott resisted making any lineup changes after liking the team’s chemistry in Wednesday’s win over Boston. “I loved our energy and effort,” Scott said. “I want to see if that same group can duplicate that for a couple games. Then I’ll think about tweaking the starting lineup and rotations.”The only tweak involved seldom-used rookie forward Anthony Brown starting in Bryant’s place and posting five points on 2-of-3 shooting and five rebounds in 22 minutes. But that will change soon if Bryant becomes healthier, an issue Scott believed will not require him to become cautious.“He’s always been honest with me,” Scott said of Bryant. “When he feels good, he tells me. When he doesn’t feel good, he tells me as well.” “They haven’t as of yet,” Scott said. “I take that as it’s nothing to worry about right now.”Scott also maintained he has not become worried about playing the 37-year-old Bryant an average of 30.4 minutes per game in his 20th and final NBA season. “I don’t attribute this to the minutes he played,” Scott said. “I attribute it more to the 20 plays he’s playing.”If only the rest of the Lakers could have joined Bryant and skipped Friday’s game. Although the Lakers received double-digit efforts from Lou Williams (24 points), Jordan Clarkson (19) and Julius Randle (15), they shot 37.9 percent from the field. The Sixers shot slightly worse at a 36.9 percent clip. The game only became mildly interesting when the Lakers secured their first winning streak of the season after going on a 12-2 run midway through the fourth quarter for an 86-72 lead with 5:13 remaining. center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

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