Author name: Ricky Vasquez

Ginnie Mae President Joseph Gormley

Ginnie Mae foresees a day when FHA waterfall impacts end

Eric Lee/Bloomberg Ginnie Mae and Federal Housing Administration officials acknowledged concerns about a surge in delinquencies stemming from an FHA rule change, indicating they do foresee a date when it ends. Processing Content Pressure appears to be on track to let up later this year, Ginnie President Joseph Gormley told attendees at the Mortgage Bankers

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