Ginnie Mae must balance supervision with the scope of servicers’ risk

Ginnie Mae should not overreact in supervising smaller, more diversified mortgage bankers, but rather scale its approach in line with the concentration of risk that different-sized servicers pose.

Thus, the increase in risk-weights reduced the incentives for banks to service the loans they originate and sell to the GSEs or Ginnie Mae. Capital and Liquidity Requirements of Nonbanks Nonbank originators and servicers are subject to very light supervision by the Consumer Financial Protection Bureau.

But I am especially grateful to be here at this 2019 ginnie mae Summit because I imagine many of you are also interested in hearing an update on America’s other two mortgage giants. Many of you who do business with Ginnie Mae also work with Fannie Mae and Freddie Mac, and maybe the Federal Home Loan Banks.

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There are four core questions Ginnie must always be prepared to answer in the affirmative to show our readiness for risk management. They are: First, "Was Ginnie Mae prepared for times of stress?" Second, "Did Ginnie Mae take the right steps to ensure issuers of all sizes and types were capable of operating through the cycle?"

Ginnie Mae does not buy or sell loans or issue MBS’s, but instead guarantees that investors receive timely interest payments on MBS’s that are backed by federally insured or guaranteed loans. TRUE When Fannie Mae was reorganized in 1954 to include financing by private investors, mortgage loans could be purchased at

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During Thursday’s hearing before the House Financial Services. require Ginnie Mae, which relies upon a full credit guarantee from the FHA, to increase its guarantee fees. In this regard, reducing.

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Ginnie Mae: How Does it Work and What Does it Do? The Government National Mortgage Association (or Ginnie Mae) is a government corporation within the U.S. Department of Housing and Urban Development (HUD). It was established in 1968 when Fannie Mae was privatized. Its mission is to expand funding for mortgages that are insured or guaranteed by

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