SIFMA Says Ginnie Mae Dealers Violated Guidelines

15 Jul 2010

The Securities Industry and Financial Markets Association has accused some Ginnie Mae mortgage bond dealers with violating its guidelines for selling such products.

The Securities Industry and Financial Markets Association has accused some Ginnie Mae mortgage bond dealers with violating its guidelines for selling such products. SIFMA said it will allow trades to stand if the violations were committed by dealers who claim they were unaware of the guidelines, but there ...

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