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Volume 2014 - Number 2

January 17, 2014

Japan, Russia Reach Out to Ginnie Mae for Help In Creating Robust Mortgage Securities Programs

Ginnie Mae is helping Japan and Russia as they shift from antiquated secondary mortgage market structures to ones modeled after the agency’s successful securities program. On Jan. 9, Ginnie Mae President Ted Tozer and President Shinya Shishido of the Japan Housing Finance Agency signed a joint memorandum of understanding to exchange information and facilitate discussions regarding Japan’s plan to adopt a Ginnie Mae-style securitization program. Japanese Prime Minister Shinzo Abe has directed...

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This weekly covers the secondary mortgage market, including mortgage-backed securities and asset-backed securities.



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