Overview Ginnie Mae issued APM 19-05 on August 1st which requires all Cash-Out VA loans in excess of 90% LTV to be placed in Ginnie II Custom Securities vs. Ginnie II Multi Issuer Pools (MIP) effective November 1, 2019. The Carrington Mortgage Services, LLC (CMS) capital markets team is currently looking at all options for […]
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U.S. safe haven and home loan rates
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Last Week in Review: Thinking Like an Investor This past week we watched home loan rates touch three-year lows as investors around the globe continue to seek the safe haven of the U.S. dollar. Why are global investors moving money into the U.S. dollar and safe instruments like U.S. Bonds? Due to the lingering uncertainty […]
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