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Bloomberg: Ginnie Mae May Up Issuer Requirements 

Aug 11, 2014By

As nonbank companies become more commonplace versus traditional banks in the mortgage market, Ginnie Mae (NASDAQ:GNMA) is evaluating whether the government-backed agency’s issuers have enough easy-to-sell assets to survive in times of distress, Bloomberg reports. Ginnie Mae, which is the only securitizer of Home Equity Conversion Mortgages (HECMs), may increase liquidity requirements for the firms that issue and […]