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» Ginnie Mae Tightens Issuer-Approval Rules, Imposes Notification Requirements on Subservicer Advances
Ginnie Mae Tightens Issuer-Approval Rules, Imposes Notification Requirements on Subservicer Advances
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Ginnie Mae last week issued guidance tightening requirements for entities seeking to become approved issuers, including a credit evaluation to determine their financial strength as well as a new notification requirement for subservicers.