The second change is proposed because the current treatment of FHA insurance associated with single-family loans with an LTV below 78 percent is inconsistent with current law. The proposed changes in the NPR would correct these ...

"The Role of Securitization in Mortgage Lending"
Ginnie Mae facilitates the securitization of home mortgages backed by federally insured or guaranteed loans, such as those issued by the Federal Housing Administration (FHA) or the US Department of Veterans Affairs (VA). ...