WASHINGTON, D.C. – Today, Ginnie Mae published a Request for Input (RFI) on updates to eligibility requirements for single-family mortgage-backed securities (MBS) Issuers.
"This announcement underscores Ginnie Mae’s commitment to continuously assess its MBS Guide requirements with a goal of continuing to ensure Issuer success in our program while minimizing risk to the government’s unconditional guarantee,” said Senior Vice President and Chief Risk Officer Gregory Keith.
Responses to the RFI are due August 9, 2021.
About Ginnie Mae
Ginnie Mae is a wholly owned government corporation that attracts global capital into the housing finance system to support homeownership for veterans and millions of homeowners throughout the country. Ginnie Mae MBS programs directly support housing finance programs administered by the Federal Housing Administration, the Department of Veterans Affairs, the Department of Housing and Urban Development’s Office of Public and Indian Housing and the Department of Agriculture Rural Housing Service. Ginnie Mae is the only MBS to carry the explicit full faith and credit of the United States government.