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House Passes Mortgage Choice Act

Daily News Feed | April 17, 2015

Credit Union Times – By Nicholas Ballasy The Republican-led House of Representatives passed the Mortgage Choice Act of 2015, sponsored by Rep. Bill Huizenga (R-Mich.), in a 286 to 140 vote. The legislation,…

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Ginnie Mae Enhances USDA Multifamily MBS Program

Daily News Feed | April 17, 2015

National Mortgage Professional – By NationalMortgageProfessional.com Ginnie Mae has announced an improvement to its securitization program for U.S. Department of Agriculture (USDA) Section 538 loans. Effective June 1, 2015, USDA Section 538 Multifamily…

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