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Bulletins

2024-051: Re-Performing Loans in Multi-Issuer ‘Jumbo’ Pools (M JM)
Published Date: 11/26/2024 2:20 PM

Ginnie Mae is providing this notice regarding Re-Performing loans (Loan Purpose = 5). Beginning with December 2024 New Issuances, users can expect Re-Performing loans (Loan Purpose = 5) to be disclosed in Ginnie Mae Multi-Issuer ‘Jumbo’ Pools (M JM), the pool type which contains certain high balance loans originated pursuant to the Economic Stimulus Act of 2008. Previously, Re-Performing loans (Loan Purpose = 5) were not permitted in/disclosed in Ginnie Mae Multi-Issuer JM Pools.

This bulletin provides disclosure file information as follows:

  1. There is no change to any layout; no change to any existing records; and no new records. 
  2. The addition of Loan Purpose 5 in M JM Pools will be seen in the following Data Disclosure files, beginning in December 2024: 
  • ​Pool Level -- MBS SINGLE FAMILY POOL SUPPLEMENTAL Files (New Issuance and Portfolio), in Stratification Records 06 and 19.
  • Loan Level -- In the “Loan Purpose” field in the following files: 
o​ ​MBS SF MONTHLY NEW ISSUES - LOAN LEVEL
o MBS SF PORTFOLIO - LOAN LEVEL, GINNIE II
o MBS SF LOAN LIQUIDATIONS MONTHLY

o MBS TERMINATED LOANS QUARTERLY

​​​​​For questions related to this bulletin, please send an email to investorinquiries@hud.gov​. Inquiries to this email will be addressed within 2 business days.