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Home » Despite Narrowing Spreads, Issuers Say Ginnie Mae MBS Remain Profitable, Government Loans Attractive
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Despite Narrowing Spreads, Issuers Say Ginnie Mae MBS Remain Profitable, Government Loans Attractive

November 1, 2013
Ginnie Mae remains a very good profit center for MBS issuers and investors, making government-backed lending appealing and beneficial to consumers, according to securitization experts. Government loans offer great value to lenders because they cover broader borrower eligibility than conventional loan products and lenders can execute more efficiently, said panelists at the Mortgage Bankers Association’s annual conference this week. The discussion focused on government loan programs – FHA, VA and Rural Housing Service – and on execution options for the loans and their mortgage servicing rights (MSRs). CMG Financial has found...
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