On April 10, 2020, Ginnie Mae announced the terms of its much-anticipated Pass-Through Assistance Program for Issuers of mortgage-backed securities that are in need of funding for the increased amount of servicer advances due to the COVID-19 pandemic. Mayer Brown partners Eric Edwardson, Michael McElroy and Laurence Platt discuss.

Global Financial Markets Podcast by Mayer Brown

COVID-19: Mortgage Servicing Advance Facilities – Ginnie Mae’s COVID-19 Pass-Through Assistance Program

The Global Financial Markets podcast helps clients deal with the legal and business challenges resulting from the ongoing turbulence in worldwide financial markets. By mobilizing our global resources from multiple practices and offices, the podcast provides clients with knowledgeable and timely counsel on a broad spectrum of their legal needs.

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Global Financial Markets Podcast by Mayer Brown