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» Ginnie Mae Announces New Measures to Address Rapid Refinancing, High Prepayments in MBS Pools
Ginnie Mae Announces New Measures to Address Rapid Refinancing, High Prepayments in MBS Pools
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Ginnie Mae this week announced new guidelines to curb the churning of VA loans and high MBS prepayment speeds – the first in a series of measures developed by a joint Ginnie/VA task force to address the problem.