Why is Ginnie Mae being ignored?
Tags: Banks + Economy + housing + Money Market Funds + sub prime
One has to wonder why the silence on Ginnie Mae, the direct US government agency that guarantees mortgage pools for lenders with the full faith and CREDIT of the US. Indeed GNMA securities, because of their direct US Government backing have increased in value while every other mortgage
February 1, 2008 - Markets, Politics - 0 Comments
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