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Home » Store » News » Ginnie Mae Set to Proceed with Proposed Rule on Face Values, Compete for Retail Business

Ginnie Mae Set to Proceed with Proposed Rule on Face Values, Compete for Retail Business

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Ginnie Mae plans soon to publish a proposed rule that will dramatically lower the minimum denomination of its bonds while expanding its investor base. Inside MBS &ABS has confirmed that the Office of Management and Budget has completed its review of the proposal, submitted in December, which will allow Ginnie Mae securities to be purchased for the first time in
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