Ginnie Mae is announcing revisions to its Forbearance Pool Level and Loan Level Disclosure Files.
For the Forbearance Pool Level Disclosure, the value of the Forbearance Type field (field 6) in the Type 90/91/92/93 stratification records is being revised. The current COVID-associated values are being discontinued, and replaced with the following:
1 = Forbearance; Borrower has been approved for a formal forbearance plan, which is a written agreement that is designed to bring the loan current.
2 = Special Forbearance; Borrower has been approved for a Special Forbearance due to unemployment.
For the Forbearance Loan Level Disclosure, there are 2 revisions to the Loan Level record (Record Type “F"). - The current COVID Flag field (field 6) is being discontinued and replaced with the Forbearance Type field; see above for the possible values of this field.
- The disclosure of the Forbearance Exit Code field (Field 9) is being discontinued. The value of this field will be set to a blank/space going forward.
The planned Implementation schedule is as follows:
File Type
| Data Type
| Implementation Date
| Forbearance Pool Level Disclosure
| plmonforb_yyyymm.txt
| June 2025
| Forbearance Loan Level Disclosure
| llmonforb_yyyymm.txt
| June 2025
|
The revised Forbearance disclosures will replace the current disclosures on the Disclosure Data Download Files page in June 2025.
Questions and comments related to this bulletin should be emailed to investorinquiries@hud.gov. Inquiries to this email will be addressed within 2 business days. |