David Shirk - Shirk Law

Contact
Share
Info
1629 K St NW
Ste 300
Washington, DC 20006, United States
Phone: (202) 237.6000
Areas Of Practice
  • Commercial Law & Contracts
  • Finance & Banking
  • Real Estate
Locations
Other U.S. Locations
  • D.C.
Number of Attorneys
Sole Practitioner

UPDATE Ginnie Mae clarifies first payment basis intended by APM 21-06

Yesterday, Ginnie Mae clarified in an industry forum that its APM 21-06 seasoning requirements for the VA IRRRL Refinance of a Modified Loan are measured from the contracted first payment due date under a modification agreement…more
 /  Finance & Banking, Real Estate - Residential

Ginnie Mae APM 21-06 restates interpretation of VA seasoning requirements

Ginnie Mae clarifies its MBS Guide with respect to seasoning of VA IRRRLs that are a “Refinance of a Modified Loan.” Issuers had challenged Ginnie Mae’s buy out demands that claimed insufficient seasoning when measured from the…more
 /  Finance & Banking

Why Ginnie Mae Issuers are Challenging VA Seasoning Buyout Demands and Why Lenders Care

Issuers should be aware that Ginnie Mae interpreting its MBS guide in a manner that departs from VA circular 26-19-22, and the plain reading of statutory language with respect to the beginning and ending dates used to determine…more
 /  Finance & Banking
This profile may constitute attorney advertising. Prior results do not guarantee a similar outcome. Any correspondence with this profile holder does not constitute a client/attorney relationship. Neither the content on this profile nor transmissions between you and the profile holder through this profile are intended to provide legal or other advice or to create an attorney-client relationship.

"My best business intelligence,
in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
Sign up Log in
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide