JD Supra

Ginnie Mae Pass-Through Assistance Program All Participants Memorandum

On April 10, Ginnie Mae issued a new All Participants Memorandum (APM) officially implementing its Pass-Through Assistance Program (PTAP/C19) for issuers under Ginnie Mae’s Single-Family program for ...
JD Supra

Ginnie Mae Expands Pass-Through Assistance Program to Finance Servicing Advances in Response to COVID-19

Our Finance Group explains how Ginnie Mae will be implementing the Pass-Through Assistance Program during the coronavirus pandemic. Considerations for third-party lenders Who is eligible? How often ...
The Real Deal

Ginnie Mae to use natural disaster program to help struggling mortgage servicers

Nonbank mortgage lenders, who are bracing for a massive cash crunch as borrowers across the country seek loan forbearance because of the coronavirus crisis, are set to get some relief thanks to a ...
American Banker

Ginnie Mae extends comment period on nonbank capital plan

Ginnie Mae will give more time for financial institutions to comment on a plan that would impose new risk-based capital requirements on nonbanks and clarified that the changes will not take effect ...