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Home » Ginnie Mae Enhances Platinum MBS Program, Lowers Guaranty Fee to Attract More Investors
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Ginnie Mae Enhances Platinum MBS Program, Lowers Guaranty Fee to Attract More Investors

September 18, 2015
Ginnie Mae is lowering the guaranty fee for a GNMA Platinum security to get more investors to use the program. “We want to encourage utilization of the program by lowering the g-fee to an amount sufficient for investors to create a platinum security, which will increase the administrative, pricing and distribution efficiency of the program,” said John Getchis, Ginnie senior vice president of capital markets. Platinum securities allow...
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