An innovative proposal by the Mortgage Bankers Association (MBA) is on the horizon, potentially paving the way for a new Ginnie Mae securities product that draws inspiration from recent developments in the reverse mortgage industry. The proposal aims to introduce a product that could revolutionize the market and provide borrowers with more options for accessing home equity.
Key elements from the text include:
– MBA proposal for a new Ginnie Mae securities product
– Inspiration from actions in the reverse mortgage business
– Potential impact on the market and borrowers’ access to home equity
– Innovation in the mortgage industry through the introduction of a new product
You can read this full article at: https://www.housingwire.com/articles/mba-securities-proposal-hmbs-logistical-template/(subscription required)
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