Ginnie Mae Urges Issuers to Sign up for Performance Scorecard, Clarifies Prohibitions, Policy Changes
March 20, 2015
Signing up participants has been somewhat slower than Ginnie Mae expected since the launch of its Issuer Operation Performance Profile tool, or Issuer Performance Scorecard, in February. In a recent outreach call to issuers, Ginnie officials said they have signed up 70 issuers but still need another two-thirds of issuers to participate in the performance scoring process. They cited no reason for the slow progress of issuer registration. The IOPP tool will ...