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Home » Fannie Cautions Investors About Cash Flow From REMICs Backed by FHA and VA Loans
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Fannie Cautions Investors About Cash Flow From REMICs Backed by FHA and VA Loans

June 25, 2010
Loss mitigation rules on FHA and VA adjustable-rate mortgages may result in changes in the cash flow from structured securities backed by these loans that have been issued over the years by Fannie Mae, the government-sponsored enterprise said. A significant volume of FHA and VA loans, mostly delinquent loans repurchased from Ginnie Mae MBS pools, were resecuritized using structured...
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