Document custodians play an important role in the Ginnie Mae process.
A document custodian must hold documents related to the pooled mortgages on
Ginnie Mae's behalf for the life of the pool or loan package. Prior to
submission of a pool or loan package for processing, it is the Issuer's
responsibility to select an eligible institution to serve as document custodian.
Appendix V of the
Ginnie Mae MBS Guide
contains eligibility requirement information for document custodians.
The document custodian works directly under the Issuer. While an Issuer may
use different document custodians for different pools or loan packages, each
pool or loan package must have only one document custodian.
If you are a document custodian and you have questions, please send an e-mail to