WASHINGTON, D.C. -- Ginnie Mae today announced that it is implementing a new Environmental, Social, and Governance (ESG) stratification record in the Single-Family Supplemental File located on Ginnie Mae’s Disclosure Data Download page. The objective is to give Ginnie Mae mortgage-backed securities investors information that supports their sustainable investing decisions and solutions. The Bulletin update can be found on this page. The objective is to give Ginnie Mae mortgage-backed securities investors information that supports their sustainable investing decisions and solutions. The Bulletin update can be found here.

The ESG record will provide pool level aggregate information about the extent of loans and unpaid principal balance (UPB) dollars that are in low- and moderate-income areas.

The low- and moderate-income areas used in formulating this new disclosure are defined by the Department of Housing and Urban Development (HUD). The new disclosure aggregates to the pool level the number of loans, percent of loans, UPB dollars, and percent UPB dollars across low- and moderate-income areas applicable to the pool.

A test file will be provided in mid-April 2021 and the first production MBS SF PORTFOLIO – POOL SUPPLEMENTAL file containing Record Type 25 will be provided on the Disclosure Data Download page on May 10th.

About Ginnie Mae

Ginnie Mae is a wholly owned government corporation that attracts global capital into the housing finance system to support homeownership for veterans and millions of homeowners throughout the country. Ginnie Mae MBS programs directly support housing finance programs administered by the Federal Housing Administration, the Department of Veterans Affairs, the Department of Housing and Urban Development’s Office of Public and Indian Housing and the Department of Agriculture Rural Housing Service. Ginnie Mae is the only MBS to carry the explicit full faith and credit of the United States government.

Ginnie Mae I MBS are modified pass-through mortgage-backed securities for which registered holders receive separate principal and interest payments on each of their certificates. Ginnie Mae I securities can include single-family, multifamily, manufactured home and project construction loans.

Ginnie Mae II MBS are modified pass-through mortgage-backed securities for which registered holders receive an aggregate principal and interest payment from a central paying agent. An Issuer may participate in the Ginnie Mae II MBS either by issuing custom, single-Issuer pools or through participation in the issuance of multiple-Issuer pools, which combine loans with similar characteristics.