Thursday, April 11, 2019

Ginnie Mae considering non-bank safety and soundness standards

According to a Financial Times report, Ginnie Mae is considering proposals that would create federal safety and soundness standards for non-bank mortgage lenders that are similar to those that apply to banks.  More specifically, the report cites comments made by Maren Kasper, Ginnie Mae's acting president, that the proposals would provide for stress testing to... Continue Reading…...(read more)
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