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Multiclass Participant Memorandum (MPM)

MPM 23-02: C RG eligible to be pooled in Platinum C SP and C JP Pool types

Published Date: 10/11/2023 2:45 PM

The purpose of this Multiclass Participants Memorandum is to inform interested participants that, effective with issuances on and after October 16, 2023, Platinum Participants may aggregate and commingle C RG pool types within Platinum Pool Types C SP (30-year) and C JP (15-year) to improve liquidity for C-RG securities.

The C RG Pool is a Ginnie Mae II custom pool that must be composed exclusively of Re-Performing Loans which are identified with Loan Purpose Code 5. Other than this Re-Performing Loan composition requirement, the parameters for a C RG Pool are identical to the pooling parameters applicable to Ginnie Mae II Custom Single Family (C SF) Pools. 

  • ​C RG 30yr will be eligible for Platinum C SP (30yr) 
  • C RG 15yr will be eligible for Platinum C JP (15yr)

The following chart shows the MBS eligible for inclusion in Platinum C SP (30yr) and C JP (15yr) pools.

​Platinum Pool Type
​Eligible MBS for Platinum Securities.
​C SP
​C SF, C SP, C RG Pools as collateral.
​C JP
​C SF, C JP, C RG Pools as collateral.


Please call Ginnie Mae’s Office of Capital Markets at (202) 475-7820 with any comments or questions regarding this announcement.

Online Library Link:
Attachment(s):
MPM_23-02.pdf