Richard Cooperstein and Mickey Storms quoted in Inside Mortgage Finance article titled "‘Systemic Risk’ Coverage for Ginnie MBS/Servicing?"

The fact that nonbanks dominate the Ginnie Mae servicing business does not rest well with some in Washington, DC. Is it time to create a backstop for the Ginnie MBS market just in case?

For access to AD&Co's Policy Perspectives, “Ginnie Mae Servicing Stress Backstop,” click here.