Washington, D.C. – Ginnie Mae announced today that beginning Friday, December 13, 2013, it will release monthly loan-level data for existing, active single-family mortgage-backed securities (MBS). The first release will provide files for the October and November 2013 report periods. Beginning in January 2014, the monthly loan data will be released on the 10th business day of the month.
“The release of loan-level data for existing single-family MBS is an important step toward improving our transparency,” said Ginnie Mae President Ted Tozer. “Enhancing MBS disclosures assists Ginnie Mae in attracting global capital by meeting the needs of investors more effectively and enabling them to make better-informed investment decisions.”
This latest release of loan data will include all active loans in single family pools. The data will be disclosed in two files: one for Ginnie Mae I data and one for Ginnie Mae II data. Both loan-level disclosure files will include information regarding borrowers’ debt-to-income ratios, delinquencies and credit scores.
In August, Ginnie Mae announced the daily release of loan-level information for newly issued single-family MBS. Together, the daily and monthly files will provide a comprehensive set of data on the loans backing Ginnie Mae securities.
To protect borrower’s privacy, Ginnie Mae is providing data as follows:
- Truncating the Original Principal Balance (OPB) and Unpaid Principal Balance (UPB) at Issuance fields to the thousandths place (e.g., a value of 123456.78 will be disclosed as 12300000)
- Blanking out the actual UPB for the first six months based on the Pool Issue Date; the actual UPB will begin to be disclosed in the seventh month.
- Masking the Metropolitan Statistical Area (MSA) field: data is blank for all loans
For questions related to the Disclosure Data Download files, please send an email to InvestorInquiries@hud.gov.
Ginnie Mae raises capital from investors in the global credit markets to ensure liquidity for affordable rental housing and homeownership opportunities across the country. Through its MBS, Ginnie Mae finances programs run by the Federal Housing Administration (FHA), the Department of Veterans Affairs (VA), the Office of Public and Indian Housing (PIH), and the Department of Agriculture’s Rural Development Housing and Community Facilities Program (RD).