Thursday, November 30, 2023 | The Latest Buzz for the Appraisal Industry

Record Volume for Ginnie Mae Platinum Securities Set in March

Ginnie Mae says it completed a record 65 Platinum mortgage-backed securities transactions in March 2021, far exceeding the typical 19 to 22 Platinum transactions seen monthly. Those 65 MBS deals represented approximately $5.6 billion of business.

“March demonstrates the success of our Platinum automation and expansion of the Platinum product suite and user base,” says Richard Perrelli, Ginnie Mae product manager for multiclass securities.

Platinum demand was additionally driven by the effect near-record-low interest

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Mark Buhler

The Surfing Appraiser

Riding the waves of the appraisal profession can result in a range of outcomes and emotions over time. Appraisers, and surfers, have varying levels of

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Timothy Andersen, MAI, MSc., CDEI, MNAA

“Naked, Unarmed, and Alone?”

Question: “My state board recently charged me with authoring a misleading report. I got the client to write a letter to the state indicating my

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