Ginnie Mae to Issue Anti-Churning Measures Soon, Lawmakers Query Bright on Housing Reform Paper
December 1, 2017
Ginnie Mae will soon announce a series of measures to resolve improper refinancing of VA loans that is causing rapid prepayments in the agency’s MBS, according to Michael Bright, Ginnie’s acting president.
It will be the 11th issuance of its type by loanDepot.
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