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Home » Store » Inside The GSEs » Ginnie Mae Says It is ‘Cautiously’ Moving Towards Loan-Level MBS Disclosures But Provides No Details

Ginnie Mae Says It is ‘Cautiously’ Moving Towards Loan-Level MBS Disclosures But Provides No Details

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Ginnie Mae reiterated its desire to enhance its MBS disclosures by moving towards a Freddie Mac disclosure model, but officials are not providing specifics or a timeline. During a telephone press briefing on the agency’s fiscal year 2011 results this week, Ginnie Mae President Ted Tozer said the plan to move toward loan-level disclosures is still in play and investors are being consulted regularly on the kind of disclosures they would like to get. “We want to make sure we are doing it in a controlled, prescriptive manner and we want the information that we provide to be superior and consistent,” he said. “We are also...
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