# Removal of Regulation Specifying Minimum Face Value of Ginnie Mae Securities
> **US Department of Housing and Urban Development** · Final rule. · Published 2005-06-08 · Effective 2005-07-08 · 70 FR 33650
## Document
- **Document number:** 05-11312
- **Category:** hud-other
- **Agency:** US Department of Housing and Urban Development
- **Federal Register citation:** 70 FR 33650
- **CFR reference:** 24 CFR 320
- **Publication date:** 2005-06-08
- **Effective date:** 2005-07-08
- **Docket:** Docket No. FR-4856-F-02
## Abstract

This final rule removes the regulation that specifies the current minimum face amount of any security issued by the Government National Mortgage Association (Ginnie Mae). The removal of the regulation allows Ginnie Mae to change the current minimum amount of $25,000. This final rule follows publication of a proposed rule on April 13, 2004. The Department gave careful consideration to the public comments and decided to adopt the proposed rule as final without change.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2005/06/08/05-11312/removal-of-regulation-specifying-minimum-face-value-of-ginnie-mae-securities)
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