Minnie, Mighty Ginnie Mae. No one seems to care today?
Tags: Bloomberg + GAO + Ginnie Mae + Mortgages
It’s bad enough to think that there’s a some probability that Ginnie Mae can’t produce ownership records on some volume of its mortgages, but consider also that Ginnie Mae, the government agency who guarantees mortgage loans, just maybe be a ticking time bomb ready to implode from its bureaucratic sleep. According to the Bloomberg News article last Friday, February 22nd, numerous lenders […]
February 24, 2008 - Markets, Politics - 0 Comments
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