2010-04-19 — reversemortgagedaily.com
A key source of reverse mortgage securitizations, the Government National Mortgage Association, a.k.a. Ginnie Mae, has told prospective issuers that it is performing a “comprehensive review of the risks associated with the HMBS (HECM MBS) program both to issuers and Ginnie Mae, in order to evaluate possible changes to the program.â€
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