The Mortgage Bankers Association (MBA) on Thursday published a proposal for Ginnie Mae to develop a new mortgage securitization product. The association said it would boost the availability of private capital liquidity sources into the market, particularly in periods of stress for the U.S. economy.
The proposal is presented by the trade group in the form of a 24-page white paper. The document includes more granular detail about the proposal, its inspirations and some questions that could emerge from readers regarding the full implications of such a product.
“MBA’s proposed details ⇒
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