Japanese housing finance officials have entered into memorandum of understanding with Ginnie Mae so they can learn how to create a similar secondary market agency in their country.

“This is a significant development for Ginnie Mae,” said Ginnie Mae president Ted Tozer. “We appreciate that the Japan Housing Finance Agency recognizes how strong our model is and they want to learn from it and emulate it.”

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

14-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry