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Monitoring of Nonbank Issuers Presents Challenges for Ginnie Mae

Date Published: 
Monday, March 13, 2017
Publication/Report Type: 
Topic Briefs
Program Area(s): 
Government National Mortgage Association
State: 
District of Columbia
Summary: 

This briefing paper highlights challenges the Government National Mortgage Association (Ginnie Mae) faces in monitoring nonbanks and outlines our past, current, and future efforts to help it address those challenges. We are highlighting these challenges so HUD leadership is aware of and can be better prepared to address them.  OIG is focusing on Ginnie Mae’s capacity to monitor nonbanks with an ongoing audit.

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