Ginnie Mae is providing this notice regarding Re-Performing loans (Loan Purpose = 5). Beginning with December 2024 New Issuances, users can expect Re-Performing loans (Loan Purpose = 5) to be disclosed in Ginnie Mae Multi-Issuer ‘Jumbo’ Pools (M JM), the pool type which contains certain high balance loans originated pursuant to the Economic Stimulus Act of 2008. Previously, Re-Performing loans (Loan Purpose = 5) were not permitted in/disclosed in Ginnie Mae Multi-Issuer JM Pools. This bulletin provides disclosure file information as follows: - There is no change to any layout; no change to any existing records; and no new records.
- The addition of Loan Purpose 5 in M JM Pools will be seen in the following Data Disclosure files, beginning in December 2024:
- Pool Level -- MBS SINGLE FAMILY POOL SUPPLEMENTAL Files (New Issuance and Portfolio), in Stratification Records 06 and 19.
- Loan Level -- In the “Loan Purpose” field in the following files:
o MBS SF MONTHLY NEW ISSUES - LOAN LEVEL o MBS SF PORTFOLIO - LOAN LEVEL, GINNIE II o MBS SF LOAN LIQUIDATIONS MONTHLYo MBS TERMINATED LOANS QUARTERLY For questions related to this bulletin, please send an email to investorinquiries@hud.gov. Inquiries to this email will be addressed within 2 business days.
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