|APM 13-01: HMBS Reporting Requirement|
|Published Date: 4/5/2013|
Ginnie Mae is adding a requirement for HMBS Issuers to provide, on a monthly basis, a summary report of outstanding HMBS pools and related participations, by the fourth business day of the month following the reporting month. The report must be certified by an authorized officer of the Issuer, whose name and signature appear on the form HUD-11702. Initially, the report is to be submitted in PDF form as an email to the following address: GinnieMaeHMBS@Deloitte.com, until it can be submitted electronically using GinnieNET.
Effective May 1, 2013, HMBS Issuers must submit this information on the form HUD-11710-DH, HMBS Issuer's Monthly Summary Report. The report can be found in Appendix VI-21 to the Ginnie Mae Mortgage-Backed Securities Guide 5500.3, Rev.1 ("Guide"). The appendix contains: a sample copy of the form; detailed instructions for its completion; certification requirements; and instructions for its submission to Ginnie Mae.
Chapter 35 of the Guide has also been updated to reflect the current practice of reporting monthly data using the HMBS Issuer Pooling & Reporting Specification to the Ginnie Mae Reporting and Feedback System (RFS) per Appendix VI-17.
For additional assistance, Issuers may contact their Ginnie Mae Account Executive in the Office of Issuer and Portfolio Management at (202) 708-1535.
Online Library Link: APM 13-01|