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» Ginnie Mae Could Issue Up to $50b in MBSs Backed by Conventional Loans in Draft Bill
Ginnie Mae Could Issue Up to $50b in MBSs Backed by Conventional Loans in Draft Bill
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A several year push by the private mortgage insurance industry to allow Ginnie Mae to compete with Fannie Mae and Freddie Mac in the securitization of conventional mortgages finally appears to be gaining some traction on Capitol Hill.