@GinnieMaeGov President Alanna McCargo
@GNMA_McCargo
Proudly serving the Biden-Harris Administration. Working toward a more equitable and sustainable affordable housing finance system for America. #HUD46
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Ginnie Mae’s April edition of the Global Markets Analysis Report (GMAR) is now available. This month highlights the changing macroeconomic environment with respect to inflation, rate cuts, and the Fed’s quantitative tightening (QT) program.
⏰ In just 15 minutes we'll be live with @DepSecTodman! We'll discuss @HUDgov's efforts to address the housing supply shortage, reduce rent burdens, and combat homelessness. Tune in and use #BPCLive to join the conversation. bit.ly/3Q6RvDf
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A Fireside Chat with HUD Acting Secretary Adrianne Todman
During Women's History Month in March, Ginnie Mae President @GNMA_McCargo McCargo hosted a fireside chat at Ginnie Mae's Capitol View Offices, featuring Office of Management and Budget (OMB) Director @ShalandaYoung46 Young.
Fair Housing Month commemorates the passage of the #FairHousingAct on April 11, 1968. Today, Ginnie Mae remains committed to promoting equitable and affordable housing.
Ginnie Mae announced an additional expansion of its low-to-moderate income (LMI) disclosure initiative to include pool-level data for its HECM mortgage-backed securities (HMBS) program.
Implementing Ginnie Mae Central is a milestone for @GinnieMaeGov’s tech upgrade, said principal executive vice president Sam Valverde. #mortgage #secondarymarkets By @NMNBrad nationalmortgagenews.com/news/ginnie-ma…
nationalmortgagenews.com
Ginnie Mae updates doc submission process
Audited financials, proof of fidelity bonds and errors and omissions insurance must be provided on Ginnie Mae Central after May 13.
Today, Ginnie Mae President @GNMA_McCargo hosted Office of Management and Budget (OMB Director @ShalandaYoung46 for a fireside chat at Ginnie Mae's Capitol View Offices.
Es es una invitación realizada por @GinnieMaeGov, @GNMA_McCargo, la Asociación Nacional Gubernamental Hipotecaria de Estados Unidos y el @el_BID para compartir las mejores prácticas en el financiamiento de vivienda social y estos insumos servirán en la construcción de programas…
Ginnie Mae is excited to host a U.S.-Latin America Investor Roundtable on Housing Finance in a Social Impact and Sustainability Framework tomorrow in Washington, D.C.
Grateful for @SecFudge and her leadership. She has changed HUD's trajectory & leaves a lasting legacy from her actions and passion for people+mission. Wishing her much peace as she heads home to Ohio & back to private life after 50 years of public service! ginniemae.gov/newsroom/Pages…
Today, I announced my retirement and resignation as HUD Secretary effective March 22, 2024. I thank @POTUS for his confidence and trust in me to lead HUD in alignment with the Biden-Harris Administration’s priorities.
Today, in All Participants Memorandum (APM) 24-02, Ginnie Mae announced the implementation of new Cybersecurity Incident reporting requirements.
Agency Net Issuance as of month-end January was $9.5 billion for 2024 YTD. Also as of month-end January 2024, in the Ginnie Mae purchase market, 78.3% of FHA loans, 51.3% of VA loans, and 85.1% of “Other” loans provided financing for first-time home buyers.
International Women's Day celebrates women’s social, economic, cultural, and political accomplishments throughout history and across different fields.
Today, I celebrate the historic presidency of @POTUS, whose transformational leadership has resulted in critical investments that foster strong communities. Our commitment to expanding access to safe, affordable housing is essential to ensuring that all have the chance to thrive.
This Black History Month, we salute the Honorable Marcia L. Fudge, Secretary of the Department of Housing and Urban Development. 🏡A true force for change, Secretary Fudge has dedicated her career to championing fair and affordable housing for all. #BlackHistoryMonth #FairHousing
Prospective home buyers are expected to continue down the new construction path as borrowers take advantage of mortgage rate buy-downs & price cuts while home builders incentivize sales. To download a copy of the January GMAR, visit: ow.ly/Mzit50QxTtZ.
Agency Net Issuance as of month-end December was $235B for 2023 YTD. Over $298B of Ginnie Mae Single-Family collateral & over 1.7M of loans outstanding have been issued to low-to-moderate income borrowers.
This month’s edition highlights the Housing Affordability – Affordability Index, showing how homebuyer affordability has declined for families purchasing median priced homes & figures show how homebuyer monthly payments have simultaneously increased for first-time homebuyers.
Ginnie Mae’s January edition of the Global Markets Analysis Report (GMAR) is now available. This edition captures the current state of the Agency MBS market and expectations for 2024, through the lens of the largest participants in global capital markets.
Ginnie Mae’s December Social Impact and Sustainability Composite data is now available. As of December 2023, 1.314M apartment homes & 493,017 healthcare living units were supported through multifamily housing (MF). Learn more: ow.ly/v4BM50QnW4F.
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