Friday, March 29, 2024 | 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

This post was originally published on this site

Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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