Ginnie Mae is implementing a new two-field stratification record in the MBS Single-Family Pool Supplemental File located on Ginnie Mae’s Disclosure Data Download page (see attached layout). The Low/Moderate Income geographic area stratification record (Loan Type/Low Moderate Income Record) will provide pool level aggregate information about the extent of loans and UPB dollars where the borrower income is below 80% of the Median Family Income (MFI). The new stratification record, record 28, will only be provided on the monthly MBS Single-Family Pool Supplemental File. The record will not be included in Daily or Monthly New Issuance Pool Supplemental Files.
The new LMI Income Record uses insuring agency income data (FHA, VA, USDA), Ginnie Mae collateral loan data, and the Federal Financial Institutions Examination Council's (FFIEC) data to calculate and aggregate information on the low/moderate income composition of each pool, by Agency. The data is based on active loans for the report period.
The implementation of this Supplemental File, Stratification record will be in the 4th quarter of 2022. Another bulletin will be sent with the specific implementation schedule and test file details.
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.