Investor enthusiasm for Ginnie Mae pass-throughs has. Ginnie Buyouts rattle investor nerves.. Although analysts understand the general impact of Ginnie and FHA program guidelines on the.
On November 6, 2017, 1st Constitution Bancorp (the “Company”) and its primary operating subsidiary, 1st Constitution Bank (the “Bank”), entered into an Agreement and Plan of Merger (the “Merger.
14:40 ET Subscribe to our weekly e-newsletter, Top News. Ginnie Mae should be separated from HUD, former Ginnie president says. The former head of Ginnie Mae says it is time to put some distance between the housing-securities insurer and its current parent, the U.S. Department of Housing and Urban Development (HUD).
Former Roku executives launch Tetra Television, an marketing. – Former Roku executives launch Tetra Television, an marketing network that aims to connect purchasers to ad inventory from 100+ streaming video channels across platforms   &mdash  A pair of veterans of the OTT platform Roku are launching a new marketing network, focusing on connected Television.
Shares of the registrant’s common stock held by each executive officer and director and by each entity or person that, to the registrant’s knowledge, owned 10% or more of the registrant’s outstanding.
Higher home prices risk closing door on housing momentum Signs are mounting that rising home values are starting to close the door for more Americans, threatening to temper the momentum in residential real estate.. Higher home prices risk closing door on housing momentum. higher home prices risk closing door on housing momentum.People on the move: Oct. 19 SunTrust, BB&T could become CRE lending powerhouse in the southeast mortgage applications drop for second consecutive week suntrust banks and BB&T Corp. announced that both companies’ boards of directors have unanimously agreed to merge the two financial services firms in an all-stock merger of equals valued at.People on the Move: Oct. 19 – Washington Business Journal – Updated Oct 19, 2009, 9:22am EDT The weekly roundup of senior-level executive appointments in Greater Washington. For more People on the Move, check out the Washington Business Journal’s print.
The Senate Banking Committee earlier today held a hearing to examine nominees for two key HUD positions: Michael Bright to serve as President of Ginnie Mae and Rae Oliver Davis to serve as HUD’s Inspector General (IG). While both nominees appeared to enjoy bipartisan support, several Committee democrats questioned bright’s views on housing finance reform.
The morning of September 14, 2001, began with a solemn remembrance at the Washington National Cathedral. When we arrived back at McGuire AFB, two small executive jets (one of them soon to be Air.
Nonbank CMBS 2.0 loans’ default rate is much higher than banks: Fitch Loans in commercial mortgage-backed securities originated after 2009 by nonbank lenders have a significantly higher default rate than those originated by banks, a Fitch Ratings report said. By units, nonbank loans have a 2.3% default rate versus 1.2% for banks. Banks originated over 80% more CMBS 2.0 loans than their nonbank counterparts.
Welcome to another edition of our series, A Day in the Life, which introduces you to HUD employees and highlights the important work they do. Today we meet Harlan Jones, Senior Account Executive, Team Lead in the Office of Issuer Portfolio Management – Single-Family at Ginnie Mae.
from – The Daily Signal – by Luke Rosiak Top officials at the Government National Mortgage Association spent $3.9 million on a public relations campaign designed to create positive images for themselves, including a magazine piece on how one of them avoided obesity. Spending tax dollars to polish an individual employee’s image isn’t allowed under [.]