Ginnie Mae this week released its fiscal year 2024 financial report, which describes how the company has aimed to provide liquidity to the mortgage industry, accessibility to affordable housing and value to U.S. taxpayers. As housing advocates continue to call for the company to receive full funding from Congress, the company also highlighted the work it has done this year for the reverse mortgage industry.

Ginnie Mae oversees the Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program, which was severely details ⇒

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