Opinion: What is Ginnie Mae Thinking with New Capital Rule?

HousingWire, Sept. 19, 2022–David Stevens, CMB
Former FHA Commissioner/MBA President/CEO says Ginnie Mae has been on the receiving end of a lot of backlash from industry and the analysts who associate with the mortgage banking marketplace. “Despite significant, thoughtful feedback to Ginnie Mae about the impacts of some of their proposals, it seems that Ginnie Mae simply turned a blind eye to these concerns,” he says. (MBA mention)