The agency has removed restrictions on NewDay USA and Sun West Mortgage from including VA single-family loans in multi-issuer pools.

Treasury recommends Congress authorize Ginnie Mae to provide “last position” guarantee on MBS backed by conventional and multifamily home loans as well as give it the flexibility to adjust its guarantee fee.

Ginnie Mae announced new rating requirements and risk factors to improve and strengthen its oversight of MBS program participants.

Ginnie Mae stress tests should be limited to issuers with largest and riskiest portfolios, the industry group suggested.

Ginnie Mae’s counterparty risk measures, including stress testing, are credit positive for the MBS sector but may be daunting for smaller participants, says Fitch Ratings in a new report.

In a bid to boost liquidity for issuers, especially nonbank players, Ginnie Mae by yearend will allow financing of servicing advances.

In a bid to boost liquidity for issuers, especially nonbank players, Ginnie Mae by yearend will allow financing of servicing advances.

The trade group is supporting a proposal to restrict VA cash-out refinance loans in excess of 90% LTV from Ginnie Mae II security pools.

Ginnie, other agencies discuss efforts to modernize technology and business platforms to conform with the digitized, paperless mortgage market and deliver faster, efficient service.

The Senate last week passed a bill aimed at rectifying an error that prevented “orphaned” VA loans from delivery into Ginnie MBS pools.