Ginnie Mae 101

The National Credit Union Administration and the Government National Mortgage Association co-hosted the Ginnie Mae 101 webinar.

The webinar covered topics such as Ginnie Mae’s business model, mortgage-backed securities programs, and partnership opportunities. Representatives from Navy and Kinecta federal credit unions discussed the benefits of working with Ginnie Mae.

Topics include:

Ginnie Mae’s mission and core programs;
The guaranty of timely payments of scheduled principal and interest due investors;
The Ginnie Mae MBS framework that allows issuers to pool loans and loan packages for an MBS that carries the guaranty; and
Online resources about Ginnie Mae programs and how credit unions can participate.

[marthaechols]

Thank you for the very thorough explanation.