Ginnie Mae wants to provide more loan-level data to its MBS investors so they can determine if the underlying mortgages were originated through a mortgage broker or some other third-party channel.

Starting in September, Ginnie Mae issuers must begin reporting whether a loan application was taken by mortgage broker or a correspondent lender, according to an All Participants Memorandum (APM) the secondary market agency issued last week.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.