Ginnie Mae plans to dispose of an estimated $5.3 billion in re-performing and nonperforming loans from a defaulted issuer’s portfolio following refusal by government auditors to sign off on the agency’s FY 2014 financial statement due to questionable accounting of the assets. Ginnie Mae President Ted Tozer said he hopes to dispose of the loans, which are part of $6.6 billion in non-pooled loan assets from the now-defunct Taylor, Bean & Whitaker Mortgage Corp.’s portfolio, within the year. Ginnie is currently managing the portfolio. According to a new Inspector General report, the $6.6 billion represented...