As VA Plans Another Clampdown on Refi Loans, Analysts Want Ginnie to Put High-LTV Cash-Outs in Separate Pools
December 6, 2018
Uncertain as to what the Department of Veterans Affairs will propose to curb churning of VA cash-out refinance loans, analysts are recommending that Ginnie Mae temporarily segregate some of the loans in mortgage-backed security pools until the department implements new rules.