Nonbank Mortgage Companies: Ginnie Mae and FHFA Could Enhance Financial Monitoring
February 10, 2026
February 10, 2026
WASHINGTON, Feb. 10 (TNSLrpt) -- The Government Accountability Office issued the following report:
* * *
Nonbank Mortgage Companies: Ginnie Mae and FHFA Could Enhance Financial Monitoring
*
Fast Facts
Many mortgage companies aren't banks and don't take deposits to fund loans. "Nonbank" mortgage companies rely on short-term funding instead, which can leave them more vulnerable to failure in economic downturns. < . . .
* * *
Nonbank Mortgage Companies: Ginnie Mae and FHFA Could Enhance Financial Monitoring
*
Fast Facts
Many mortgage companies aren't banks and don't take deposits to fund loans. "Nonbank" mortgage companies rely on short-term funding instead, which can leave them more vulnerable to failure in economic downturns. < . . .