Nonbank Lenders Balk at Ginnie Mae Capital Plan
National Mortgage News, July 26, 2021–Kate Berry (subscription)
A Ginnie Mae proposal to introduce a risk-based capital requirement for nonbanks has sparked an outcry from mortgage lenders that originate the vast majority of loans to first-time homebuyers and minorities.
https://www.nationalmortgagenews.com/news/nonbank-lenders-balk-at-ginnie-mae-capital-plan
