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» Innovative Joint Venture between Ginnie Mae and FHLBank Stranded by Too Many Questions
Innovative Joint Venture between Ginnie Mae and FHLBank Stranded by Too Many Questions
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Ginnie Mae and the Federal Home Loan Bank of Chicago have abandoned preliminary talks about an innovative project to help the FHLBank shed the FHA mortgages that it had accumulated in its portfolio, Inside Mortgage Finance has learned.