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September 23, 2014

Ginnie Mae Promises Net Worth Rules for All by MBA Annual

By Paul Muolo

Soon it will be easier to use Ginnie Mae mortgage servicing rights as collateral, or so the agency hopes.

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With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.
No. It’s still difficult compliance/regulatory-wise.
Maybe. It’s under consideration.
Not now. But things could change as 2018 progresses.

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