Ginnie Kicks High-Risk Loans Out of Securities Pools

The Government National Mortgage Association said late Friday that it is expanding the parameters for loans to be repurchased from its trusts to include those that have successfully completed a three-month trial payment period.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_420/ginnie-kicks-high-risk-loans-out-1026332-1.html

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