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Alanna McCargo: Nonbank liquidity issues must be addressed

Ginnie Mae president Alanna McCargo said on Tuesday that the liquidity challenges faced by nonbanks are a critical issue facing the U.S. government’s mortgage system considering their increasingly important role in the space, and that supporting nonbanks with additional credit facilities will be a priority for the future.

McCargo discussed the matter during a live conversation with Dennis Shea, the executive director of the J. Ronald Terwilliger Center for Housing Policy at BPC.

“There were a lot of people at the [beginning of the COVID-19 pandemic] that were asking for details ⇒

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