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Ginnie Mae will take a closer look at issuers of mortgage-backed securities with higher ratios of secured debt to gross tangible assets. Single-family issuers with a ratio greater than 60% “may, at Ginnie Mae’s sole discretion, be subject to additional financial and operational requirements before receiving approvals for various transactions,” according to the government agency. …

This morning, iAnthus (CSE: IAN) announced that it is negotiating a definitive agreement for a senior secured term loan of up to US $ 50 million with Torian Capital Partners. The term loan is expected to be made available in two tranches of US $ 25 million, each with substantially similar terms. The press release …