Ginnie Mae has reported a surge in prepayment activity within certain components of its program. This development is significant and may have implications for mortgage investors and lenders alike.
Key points:
– Ginnie Mae identifies uptick in prepayments
– Impact on mortgage investors and lenders
– Further analysis needed to understand reasons behind increased prepayment activity
– Potential strategies for managing risks associated with prepayments.
You can read this full article at: https://www.housingwire.com/articles/ginnie-mae-warns-issuer-partners-about-faster-prepayments/(subscription required)
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