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Home » Store » Taxable » Buyouts Make Ginnie Mae Prepayment Speeds Hard to Figure in Epic Refi Wave

Buyouts Make Ginnie Mae Prepayment Speeds Hard to Figure in Epic Refi Wave

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Buyouts of troubled FHA and VA loans by Ginnie Mae servicers have made it hard to gauge the true prepayment performance of some pools, analysts say. “It’s introduced a non-fundamental element into prepayments in premium Ginnie Maes,” said Linda Lowell, an MBS researcher at Greenwich Capital Markets.
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