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Credit unions get some love from Ginnie Mae

Credit unions get some love from Ginnie Mae

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Credit unions get some love from Ginnie Mae
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Credit unions get some love from Ginnie Mae
Credit unions get some love from Ginnie Mae
Credit unions get some love from Ginnie Mae
Credit unions get some love from Ginnie Mae
housingwire housingwire | 1 year ago
Ginnie Mae, which guarantees loans to veterans and Federal Housing Administration borrowers, is changing its attitude toward credit unions. The post Credit unions get some love from Ginnie Mae appeared first on HousingWire.
Ginnie Mae, which guarantees loans to veterans and Federal Housing Administration borrowers, is changing its attitude toward credit unions. The post Credit unions get some love from Ginnie Mae appeared first on HousingWire.
Ginnie Mae tweaks some capital requirements
Ginnie Mae tweaks some capital requirements
Ginnie Mae tweaks some capital requirements
Ginnie Mae tweaks some capital requirements
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
Ginnie Mae on Thursday announced a set of revised capital requirements that appear to be aimed at reducing red tape for federally insured credit unions and housing finance agencies.The all-participants memorandum will bring Ginnie's standards in line with other regulatory requirements credit unions must already meet, and exempts housing finance agencies due to their state-backed status, according to a press release issued by the federal mortgage-bond insurer. The memorandum, which becomes effec...
Ginnie Mae on Thursday announced a set of revised capital requirements that appear to be aimed at reducing red tape for federally insured credit unions and housing finance agencies.The all-participants memorandum will bring Ginnie's standards in line with other regulatory requirements credit unions must already meet, and exempts housing finance agencies due to their state-backed status, according to a press release issued by the federal mortgage-bond insurer. The memorandum, which becomes effec...
Ginnie Mae extends some COVID-19 policies
Ginnie Mae extends some COVID-19 policies
Ginnie Mae extends some COVID-19 policies
Ginnie Mae extends some COVID-19 policies
housingwire housingwire | 1 year ago
Ginnie said that it is extending delinquency reporting exemptions for issuers and alternative audit procedures. The post Ginnie Mae extends some COVID-19 policies appeared first on HousingWire.
Ginnie said that it is extending delinquency reporting exemptions for issuers and alternative audit procedures. The post Ginnie Mae extends some COVID-19 policies appeared first on HousingWire.
Ginnie Mae digs in on 250% MSR risk weight for nonbanks
Ginnie Mae digs in on 250% MSR risk weight for nonbanks
Ginnie Mae digs in on 250% MSR risk weight for nonbanks
Ginnie Mae digs in on 250% MSR risk weight for nonbanks
housingwire housingwire | 1 year ago
Ginnie Mae is not budging on its proposal to put a 250% risk weight on gross mortgage servicing rights for nonbanks. The post Ginnie Mae digs in on 250% MSR risk weight for nonbanks appeared first on HousingWire.
Ginnie Mae is not budging on its proposal to put a 250% risk weight on gross mortgage servicing rights for nonbanks. The post Ginnie Mae digs in on 250% MSR risk weight for nonbanks appeared first on HousingWire.
Changes ahead for Ginnie Mae and FHA’s manufactured housing program
Changes ahead for Ginnie Mae and FHA’s manufactured housing program
Changes ahead for Ginnie Mae and FHA’s manufactured housing program
Changes ahead for Ginnie Mae and FHA’s manufactured housing program
housingwire housingwire | 1 year ago
In a request for input the agencies published at the end of July, FHA and Ginnie Mae detailed an array potential changes to make the manufactured housing Title I program more palatable for lenders. The post Changes ahead for Ginnie Mae and FHA’s manufactured housing program appeared first on HousingWire.
In a request for input the agencies published at the end of July, FHA and Ginnie Mae detailed an array potential changes to make the manufactured housing Title I program more palatable for lenders. The post Changes ahead for Ginnie Mae and FHA’s manufactured housing program appeared first on HousingWire.
GAO presses HUD on longstanding IT issues, Ginnie staffing
GAO presses HUD on longstanding IT issues, Ginnie staffing
GAO presses HUD on longstanding IT issues, Ginnie staffing
GAO presses HUD on longstanding IT issues, Ginnie staffing
housingwire housingwire | 1 year ago
The GAO in a recent report made numerous recommendations that HUD should implement to improve its operations The post GAO presses HUD on longstanding IT issues, Ginnie staffing appeared first on HousingWire.
The GAO in a recent report made numerous recommendations that HUD should implement to improve its operations The post GAO presses HUD on longstanding IT issues, Ginnie staffing appeared first on HousingWire.
Why this credit union says AI can reduce lending bias
Why this credit union says AI can reduce lending bias
Why this credit union says AI can reduce lending bias
Why this credit union says AI can reduce lending bias
In-depth analysis, data and st... In-depth analysis, d... | 2 years ago
The Consumer Financial Protection Bureau is examining whether artificial intelligence discriminates against minorities and other applicants. But GreenState Credit Union in Iowa says the technology can be harnessed to make lending fairer in underserved communities.
The Consumer Financial Protection Bureau is examining whether artificial intelligence discriminates against minorities and other applicants. But GreenState Credit Union in Iowa says the technology can be harnessed to make lending fairer in underserved communities.
Trade groups cheer new deadline for Ginnie nonbank capital rule
Trade groups cheer new deadline for Ginnie nonbank capital rule
Trade groups cheer new deadline for Ginnie nonbank capital rule
Trade groups cheer new deadline for Ginnie nonbank capital rule
housingwire housingwire | 1 year ago
Ginnie Mae on Friday announced it has extended the mandatory implementation date of its risk-based capital requirement for nonbanks to 2024. The post Trade groups cheer new deadline for Ginnie nonbank capital rule appeared first on HousingWire.
Ginnie Mae on Friday announced it has extended the mandatory implementation date of its risk-based capital requirement for nonbanks to 2024. The post Trade groups cheer new deadline for Ginnie nonbank capital rule appeared first on HousingWire.
Ginnie Mae tweaks re-performing loan guidelines
Ginnie Mae tweaks re-performing loan guidelines
Ginnie Mae tweaks re-performing loan guidelines
Ginnie Mae tweaks re-performing loan guidelines
housingwire housingwire | 1 year ago
Ginnie Mae on Monday announced changes to the re-pooling seasoning requirement for re-performing loans, increasing issuer liquidity. The post Ginnie Mae tweaks re-performing loan guidelines appeared first on HousingWire.
Ginnie Mae on Monday announced changes to the re-pooling seasoning requirement for re-performing loans, increasing issuer liquidity. The post Ginnie Mae tweaks re-performing loan guidelines appeared first on HousingWire.
Ginnie Mae launches next phase of digital collateral program
Ginnie Mae launches next phase of digital collateral program
Ginnie Mae launches next phase of digital collateral program
Ginnie Mae launches next phase of digital collateral program
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
New changes do more to pave the way for electronic modifications and will open the government bond insurer’s program up to new applicants.
New changes do more to pave the way for electronic modifications and will open the government bond insurer’s program up to new applicants.