Ginnie Mae is raising its net worth requirement for MBS issuers, requiring them to meet bank-like capital standards.

Non-depositories will be required to hold equity capital of 6% of total assets, according to Ginnie president Theodore Tozer.

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.