WASHINGTON, D.C.—Today, in Multiclass Participants Memorandum (MPM) 24–01, Ginnie Mae announced updates to the Multiclass Securities Program. These updates inform interested participants that, effective with issuances on and after June 12, 2024, Platinum Participants may aggregate MBS Pool Type C ET into Platinum Pool Type C EP and HMBS Pool Type H SA into Platinum Pool Type H PE.
For more information regarding the Multiclass Securities Program updates, see MPM 24–01.
“I am pleased to announce the creation of a C ET Platinum Pool Type as the latest in a series of efforts to promote better market execution options for our Issuers,” said Ginnie Mae Acting President, Sam Valverde. “This programmatic change is part of Ginnie Mae’s continued focus on finding ways to return working capital to Issuers.”
If you have any questions regarding the updates in this announcement, please contact Ginnie Mae’s Office of Capital Markets at 202–475–2212.
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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 U.S. Government.
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