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Liquidity Ginnie Mae

Bradley Arant Boult Cummings LLP

Renewed Federal Scrutiny for Nonbank Mortgage Companies

Based on a recent report from the Financial Stability Oversight Council (FSOC), nonbank mortgage companies (NMCs) need to prepare for additional regulatory scrutiny from both state and federal regulators. In the report, FSOC...more

Alston & Bird

Ginnie Mae Expands Pass-Through Assistance Program to Finance Servicing Advances in Response to COVID-19

Alston & Bird on

Our Finance Group explains how Ginnie Mae will be implementing the Pass-Through Assistance Program during the coronavirus pandemic. Considerations for third-party lenders - Who is eligible? How often can you request...more

Mayer Brown

Modest Improvements: Ginnie Mae’s Servicing Advance Facility Recognition

Mayer Brown on

Any day now, maybe even today, Ginnie Mae will announce the details on its Pass-Through Assistance Program (“PTAP”), through which Ginnie Mae will provide a liquidity facility for issuers that need help meeting their...more

Ballard Spahr LLP

Ginnie Mae considering non-bank safety and soundness standards

Ballard Spahr LLP on

According to a Financial Times report, Ginnie Mae is considering proposals that would create federal safety and soundness standards for non-bank mortgage lenders that are similar to those that apply to banks....more

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