Ginnie Mae has revised the description of the HECM Loan Original Interest Rate field (field 19) in the Loan record to clarify what the disclosed field value represents. This revision is applicable to the following disclosures:
- Loan Level Monthly Portfolio – Monthly Adjustable (hllmon1_yyyymm.zip)
- Loan Level Monthly Portfolio – Fixed and Annual Adjustable (hllmon2_yyyymm.zip)
- Loan Level New Issuance Daily (hdailyll_new.zip)
- Loan Level New Issuance Monthly (hdailyllmni.zip)
Additionally, the Ginnie Mae HMBS Loan Level Data Dictionary was revised to provide the same clarification for the description of the HECM Loan Original Interest Rate field.
This clarification will be reflected in the HMBS loan level disclosures beginning March 27, 2018.
For questions related to this bulletin, please send an email to firstname.lastname@example.org. Inquiries to this email will be addressed within 2 business days.