Ginnie Mae Provides Expanded Loan Buyout Authority for Disasters
National Mortgage News, Oct. 04, 2022–Bonnie Sinnock (subscription)
Ginnie Mae on Monday gave its securitization issuers expanded authority to buy out loans from securitized pools affected by Hurricane Ian and Hurricane Fiona even if the mortgages involved don’t meet the normal rules for doing so.
https://www.nationalmortgagenews.com/news/ginnie-mae-provides-expanded-loan-buyout-authority-for-disasters?