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Perform an assessment of concentration risk and take appropriate action based on the results.

Publication Report

2026-KC-0002 | March 30, 2026

Ginnie Mae Did Not Formally Assess Rising Nonbank Concentration Risk

We audited the Government National Mortgage Association’s (Ginnie Mae) management of its portfolio of federally guaranteed mortgage-backed securities (MBS).  We initiated this audit because of our internal monitoring of the Ginnie Mae portfolio as… more