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Ginnie Mae Announces New Pool-Level Low-to-Moderate Income (LMI) Disclosure for Home Equity Conversion Mortgage (HECM) Mortgage-Backed Securities (HMBS)
Contact: GinnieMaeCommunications@HUD.gov
Published Date: 4/9/2024 9:05 AM

WASHINGTON, D.C.—Today, Ginnie Mae announced an additional expansion of its LMI disclosure initiative to include pool-level data for its HECM ​HMBS program. Ginnie Mae’s new HMBS LMI disclosures cover active loans pooled from 2012 through the present time.

This expansion continues Ginnie Mae’s work to enhance its securities disclosures, which began 3 years ago. Over the last year, Ginnie Mae made a number of advancements with respect to its securities program, including producing security-level LMI disclosures across the Single-Family program (see here and here​), and publis​hing the Ginnie Mae Social Impact and Sustainability Framework and upda​ting its prospectus. These disclosures are an integral part of Ginnie Mae’s response to increased investor interest in greater transparency into Ginnie Mae mortgages in pools, with a particular focus on meeting environmental, social, and governance (ESG) investment mandates.

“As interest in social impact investments continues to grow, Ginnie Mae is finding ways to provide more data on the underlying loans in our securities to help investors make better-informed decisions,” said Ginnie Mae Principal Executive Vice President Sam Valverde. “The disclosures being released today reflect the unique impact of our HMBS program in helping to drive retirement security for lower-income households.”

The new disclosure data will be published on the sixth business day of every month for the prior month’s issuances and made available in the Disclosure Data Download section of the Ginnie Mae website.

Additional information about Ginnie Mae is available at www.ginniemae.gov and on X(formerly Twitter), YouTube, Facebook and LinkedIn.

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. ​