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» Analysts Suggest Interim Action for Ginnie Mae on Cash-Out Refi Loans
Analysts Suggest Interim Action for Ginnie Mae on Cash-Out Refi Loans
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Programs & Policies
Product Details
Mortgage-backed securities analysts are recommending that Ginnie Mae temporarily place VA cash-out refinance loans with high loan-to-value ratios in custom pools until the VA implements new rules to curb churning in cash-out refis.