Beginning this month, Ginnie Mae will start assigning alphanumeric IDs for mortgage-backed securities pools because it may soon run out of available pool numbers. In a recent alert to issuers, Ginnie Mae said alphanumeric pool numbers will be assigned first to fixed-rate types. However, issuers must make sure they have used up all their assigned pool numbers before asking for the new letter/number codes. Ginnie Mae advised issuers in 2009 to have their systems ready to accept alphanumeric IDs by March 2010. Meanwhile, MountainView Servicing Group has announced its offering of ...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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