Ginnie Mae acts to enable more low-cost mortgage financing for ...

Story date: 2007-08-30 12:37:00
Added on: 2007-08-30 03:35:05

CNBC - That means Ginnie Mae will accept as collateral mortgage loans exceeding $417,000 that are guaranteed by Veterans Affairs. Those VA-backed loans represent about a third of the securities issued by Ginnie Mae, which is part of the Department of ...


Read more...

Related Stories:

• WSJ: The Next Fannie - Reuters Blogs

  Only last week, Ginnie [Mae] announced that it issued a monthly record of $43 billion in mortgage-backed securities in June. Ginnie Mae...
  2009-08-12 10:46:00

• Ginnie Mae Acts on Veterans' Mortgages

  CNBC - The Government National Mortgage Association, known as Ginnie Mae, is eliminating the $417,000 cap on mortgages guaranteed by ... Ginnie...
  2007-08-30 12:37:00

• Did Your Loans Start With a TPO? Ginnie Mae Requires New Data From Issuers - Reverse Mortgage Daily

  Did Your Loans Start With a TPO? Ginnie Mae Requires New Data From IssuersReverse Mortgage DailyThrough an All Participants Memorandum issued this...
  2012-05-07 01:31:24

• Ginnie Mae reaches agreement with American Home Mortgage on servicing ...

  CNBC - A moribund housing market and a spike in defaults scared investors away from mortgage debt, and as American Home's home...
  2007-09-20 03:53:00

• Ginnie Mae Passing Freddie Mac as Second-Biggest Funder

  Ginnie pays investors when a servicer fails. That happened when fraud was discovered at Taylor, Bean and Whitaker Corp. The...
  1969-12-31 06:00:00

• Ginnie Mae Guarantees $29.23 Billion in MBS in March - National Mortgage Professional Magazine

  Ginnie Mae Guarantees $29.23 Billion in MBS in MarchNational Mortgage Professional Magazine“Without Ginnie Mae providing liquidity via the secondary market for government-insured...
  2012-04-13 03:36:29

• Ginnie Mae’s Troubling Endorsements - Public Integrity

  Ginnie Mae has provided taxpayer backing to at least 36 mortgage firms with a history of reckless lending, fines, government sanctions, or...
  2010-02-16 12:43:00

• Ginnie Mae’s Troubling Endorsements - Public Integrity

  Ginnie Mae has provided taxpayer backing to at least 36 mortgage firms with a history of reckless lending, fines, government sanctions, or...
  2010-04-18 01:57:00