Relevant:
- Ginnie Mae clears issuers to securitize FHA short refi mortgages
- Ginnie Mae Suspends Approvals of New Reverse Mortgage Issuers
- Ginnie Mae Gives FHA Short Refis The Green Light
- GMAC at the Forefront of Ginnie Mae's Troubled Issuers
- Ginnie Mae to allow securitized single loans, boosting small-lender competition
2008-09-17 — housingwire.com
Citing “recent industry and market conditions,†Ginnie Mae said last week that it was tightening requirements for new issuers as interest in Federal Housing Administration-endorsed mortgage origination surges; more than a few FHA lenders have begun touting their status as an “FHA issuer†as a point of competitive differentiation in an increasingly competitive marketplace.
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