Legislation Clarifies Securitization Timeline for VA Loans

July 11, 2019

Scotsman Guide, July 10, 2019--Arnie Aurellano
A bill approved this week by the House clarifies when mortgages backed by the U.S. Department of Veterans Affairs qualify to be pooled into Ginnie Mae securities.The Mortgage Bankers Association sent a letter to House leadership ahead of the vote on the bill, urging its passage.


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