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Inside FHA/VA Lending
» Ginnie Mae to Issue Anti-Churning Measures Soon, Lawmakers Query Bright on Housing Reform Paper
Ginnie Mae to Issue Anti-Churning Measures Soon, Lawmakers Query Bright on Housing Reform Paper
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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.