Ginnie Mae Policies and Programs
As the agency responsible for providing a full-faith-and-credit U.S. government guaranty on mortgage securities backed by FHA, VA, RHS, and PIH loans, Ginnie Mae attracts global capital to a critical segment of the domestic housing finance system.
Overview: As Ginnie Mae's outstanding volume of guaranteed securities increased from $600 billion to over $2 trillion in the past decade, the importance of ensuring its well-functioning operations has only risen. MBA supports providing Ginnie Mae with adequate resources to allow for innovation, technological enhancements, and appropriate counterparty oversight. Ginnie Mae guidelines and requirements should be transparent and fair to all issuers.
Recent MBA Activity Related to Ginnie Mae Policies and Programs
- Comment Letter: MBA to Ginnie Mae on Stress Testing Framework (September 16, 2019)
- Comment Letter: Response to Ginnie Mae RFI on VA Cash-Out Refinances (May 31, 2019)
- Letter: MBA to Veterans Affairs on Cash-Out Refinance Disclosures (January 24, 2019)
- Letter: MBA to U.S. House on Transportation, Housing and Urban Development Appropriations (January 10, 2019)
- Letter: MBA to U.S. Senate in Support of Michael Bright Nomination (November 26, 2018)
- Letter: MBA to U.S. House in Support of the Protect Affordable Mortgages for Veterans Act (September, 25, 2018)
- Letter: MBA to U.S. House Financial Services Committee on the GUIDE Compliance Act, and the Protect Affordable Mortgages for Veterans Act (September 13, 2018)
- Testimony: MBA to U.S. Senate Committee on Veterans' Affairs (August 1, 2018)
- Comment Letter: MBA to HUD on Ginnie Mae Loan Seasoning (July 12, 2018)
- Letter: MBA to U.S. Senate in Support of the Economic Growth, Regulatory Relief, and Consumer Protection Act (March, 9, 2018)
- Testimony: MBA Chairman Dave Motley, CMB at U.S. House Committee on Veterans' Affairs (January 10, 2018)