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MBA Ginnie Mae Acknowledgment Agreement/Collateralized Lending Conference Call Feb. 15
MBA Education hosts a conference call on Ginnie Mae Acknowledgment Agreement/Collateralized Lending this Wednesday, Feb. 15 from 4:30-5:30 p.m. ET. MBA members can register for free.
In December, Ginnie Mae released a revised version of its standard Acknowledgment Agreement, a contract among a Ginnie Mae issuer, Ginnie Mae and a warehouse lender for a Ginnie Mae mortgage servicing rights collateralized financing if the parties want Ginnie Mae recognition of the pledge. The document stipulates the rights and responsibilities of Ginnie Mae and the warehouse lender with regard to the servicing portfolio in the event that the issuer defaults on its obligations to the agency or to the warehouse lender.
On this industry call, complimentary for all MBA members, you will learn:
–Specific section changes to the acknowledgment agreement and the background of those changes
–Ginnie Mae views on liquidity needs and its role
Speakers
–Michael Drayne, Senior Vice President of the Office of Issuer & Portfolio Management, Ginnie Mae
–Other Ginnie Mae Senior Management
Who Should Attend
–Anyone interested in learning about the Ginnie Mae acknowledgment agreement revisions
–Anyone interested in learning about the Ginnie Mae acknowledgment agreement revisions and the potential impact on the market
–Warehouse lenders
–Independent mortgage bankers
To register, click https://store.mortgagebankers.org/ProductDetail.aspx?product_code=E2171716BX/REGIS.