Distressed Real Estate and Debt: News, Views and Reviews of our New Housing Economy

Anatomy of a Securitization – Part II

Anatomy of a Securitization – Part II

Jan 3, 2012

Like it’s homely siblings, Fannie Mae and Freddie Mac, Ginnie Mae is central to our housing economy. It facilitates affordable housing a reality for millions of low-and moderate-income American households across America by channeling global capital into U.S. housing markets. The Ginnie Mae guaranty allows mortgage lenders to obtain a better price for...