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Multiclass Participants Memoranda (MPMs)

All Multiclass Participants Memoranda (MPMs) can be accessed via our online library (powered by AllRegs) or downloaded in Portable Document Format (PDF) from this page. Please click herearrow to download Adobe Acrobat Reader.

Only a subset of MPMs are listed on this page. In order to access all MPMs b​ack to year 2002, please click herearrow. Please direct any questions you may have to your Ginnie Mae Account Executive in the Office of Issuer and Portfolio Management at (202) 708-1535 or to the Office of Capital Markets at (202) 401-8970.

5 most recent MPMs
6/4/2024 - MPM 24-01

The purpose of this Multiclass Participants Memorandum is to inform interested participants that effective with issuances on and after June 12th, 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. …

11/30/2023 - MPM 23-03

The purpose of this Multiclass Participants Memorandum is to inform interested participants that, effective for multiclass transactions closing in December 2023, Ginnie Mae will offer sponsors the option to close transactions (i) on the Closing Date specified on the Ginnie Mae REMIC monthly calendar available on Ginnie Mae's website or (ii) on the Business Day immediately preceding such specified Closing Date (an "early Closing Date"). Sponsors must notify Ginnie…

10/11/2023 - MPM 23-02

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. …

5/1/2023 - MPM 23-01

In 2020, Ginnie Mae adopted recommendations of the Alternative Reference Rates Committee (ARRC) for fallback language for all LIBOR floating rate multiclass securities to address the pending cessation of LIBOR.1

9/20/2021 - MPM 21-01

The purpose of this Multiclass Participants Memorandum (MPM) is to inform interested participants in the Multiclass Securities Program that, effective beginning with January 2022 transactions, Ginnie Mae will no longer permit the issuance of new Multiclass Securities that bear interest at a rate determined by reference to LIBOR unless such Multiclass Securities are (i) re-securitizations of existing LIBOR Classes that (ii) do not increase the total unpaid principal…


Last Modified: 9/28/2024 12:16 PM