Issuer Operational Performance Profile (IOPP) Overview
Ginnie Mae launched its Issuer Operational Performance Profile (IOPP) tool in early 2015. The new IOPP tool, provides Issuers with a framework and methodology where they can gauge their effectiveness against Ginnie Mae’s expectations about Issuer performance. IOPP also measure an Issuer’s operational and default performance against their peers. The launch of the IOPP will help Ginnie Mae continue to ensure that a safe, effective, and government-backed channel for the flow of capital for U.S. mortgages exists, reducing risk to the taxpayer and providing much needed capital for the government.
Essentially a “scorecard,” the IOPP will provide a method in which Issuers will be scored based on a pre-determined set of metrics. The IOPP helps ensure Issuers are performing well, or if they aren’t, it provides a way for them to examine areas for improvement so adjustments can be made. This tool will improve Ginnie Mae’s management capability and allow Issuers to better manage their performance. The IOPP will also help drive internal consistency in monitoring the business activities across the broader population of Ginnie Mae Issuers and lay the basis for providing constructive feedback to our Issuers.
If you have questions regarding accessing Ginnie Mae's IOPP tool, please send an email to us at GinnieMaeIOPPTool@hud.gov. We also recommend that you visit our published Ginnie Mae's FAQs section under Issuer: IOPP.Issuer Operational Performance Profile (IOPP) Peer Group Listings