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January 9, 2019

Market Shocker: Ginnie Mae Interim President Michael Bright Quits

By Paul Muolo

Bright was first nominated to the post by President Trump in May of last year. He had been serving as an EVP at Ginnie.

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Do mortgage lenders really need a new credit-scoring model or is the current FICO system adequate?

It’s fine. Stick with what works.
Time for a change. Borrowers are different today.
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