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Closed Date:
Julio 02, 2019

Develop and implement controls to review issuers to determine the total impact of a large or multiple-issuer default, the maximize-size default Ginnie Mae can adequately execute, and an issuer’s ability to adapt to changing market conditions.

Publication Report

2017-KC-0008 | Septiembre 21, 2017

Ginnie Mae Did Not Adequately Respond to Changes in Its Issuer Base

The U.S. Department of Housing and Urban Development, Office of Inspector General audited Ginnie Mae’s oversight of nonbanks due to the growth of nonbank issuers in the mortgage servicing industry.  Our objective was to determine whether Ginnie Mae... más

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