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» Heavy Refi Flow Drives Spike in GNMA Removals
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Heavy Refi Flow Drives Spike in GNMA Removals
January 28, 2021
John Bancroft
Some $714 billion of loans were removed from Ginnie MBS last year, with about 86% of them representing borrower payoffs. Repurchases of delinquent loans were also up sharply from 2019. (Includes two data charts.)
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