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» Ginnie Mae to Create 40-Year Pool Types for COVID Loan Mods
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Ginnie Mae to Create 40-Year Pool Types for COVID Loan Mods
July 2, 2021
Maria Volkova
The move will allow Ginnie issuers to offer loan modifications that carry a lower monthly payment than the current 30-year term. Also, the agency can test the waters for such a product in the secondary market.
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