Ginnie Mae continues to modernize its Securitization Platform technology, processes, and related policies in response to the growing need for transparency and improved service delivery to its Issuers and investors. Toward this goal, Ginnie Mae is building a comprehensive platform that integrates functional and technological capabilities into a common infrastructure.
The broad details of these efforts were outlined in the “Ginnie Mae 2020 Progress Update" white paper and further discussed by Barbara Cooper-Jones, SVP of Enterprise Data and Technology in this edition of Ginnie in Brief, and broadly presented in this earlier Op-ed in American Banker. The Op-ed described the widespread benefits modernization at Ginnie Mae will deliver for customers, business partners and the government mortgage loan market supported by the corporation’s mortgage-backed securities program.
For a list of documents, publications, and processes that are part of our modernization effort, please see the tables below for more information.
In January 2021, Ginnie Mae first securitized mortgage loans for which the promissory note is an Eligible eNote via its Digital Collateral Program. This section contains guidance, training materials, forms, and other announcements, which together, inform MBS Program Participants about the policies, processes, and requirements for participation in Ginnie Mae’s Digital Collateral Program.
Frequently Asked Questions (FAQs)
Approved Digital Collateral Program Participants
The Single Family Pool Delivery Module (SFPDM) is Ginnie Mae’s modernized application for the delivery of Single Family and Manufactured Housing issuance data. This application offers several new capabilities, including greater transparency into the progress of submitted pools through an intuitive and user-friendly interface.
The modernized application will support the submission of Ginnie Mae’s new Pool Delivery Dataset (PDD), which leverages the mortgage data standards and XML specifications created by the Mortgage Industry Standards Maintenance Organization (MISMO). Ginnie Mae’s PDD is specific to Ginnie Mae’s business model and therefore contains some unique data points that may not be a part of other MISMO compliant datasets within the mortgage industry. Additionally, SFPDM will allow Issuers to manually enter pool and loan data if they do not intend to import data using PDD files.
Ginnie Mae released APM 22-02 on January 31, 2022 announcing the start of the transition from GinnieNET to SFPDM. Currently, Issuers participating in the Single Family and Manufactured Housing Programs are preparing to adopt SFPDM in advance of the GinnieNET cutover of pooling functions. At the end of the Adoption Window, SFPDM will be the singular application for Single Family and Manufactured Housing Program pooling. This transition does not impact HMBS reverse mortgages or Document Custodians.
The three key components of this adoption effort are:
Issuers are expected to use the information and tools provided on this page to prepare for the transition to SFPDM. For additional information and questions regarding the PDD and VTT, please email GinnieMae_MISMO_Support@hud.gov or call Ginnie Mae Customer Support at 1-833 GNMA HELP / 1-833-466-2435 and select option 2, then option 6. For assistance with the SFPDM application and functional role assignments, please select option 1 or email email@example.com.
As a part of Ginnie Mae's efforts to modernize its Securitization Platform, the organization is migrating to the use of RSA SecurID Tokens to replace the existing SecurID Hard Tokens. This replacement initiative will only impact users who currently rely on SecurID token to access applications on MyGinnieMae. This migration will ease access to applications on MyGinnieMae and provide enhanced security features that existing SecurID tokens cannot provide.
Note, this migration will not impact any User's access to MyGinnieMae applications.
RSA SecurID Tokens are software-based security tokens that generates a single-use login PIN. Soft tokens replicate the security advantages of multifactor authentication, while simplifying distribution and lowering costs. A soft token app performs the same task as hardware-based security token.
Existing MyGinnieMae users who rely on a SecurID Hard Token to access applications on MyGinnieMae will be provided with a new soft token to maintain their current access.
The RSA SecurID Soft Token migration will mimic the MyGinnieMae AWS migration. Token users will need to validate their soft tokens prior to migration to maintain access to MyGinnieMae. Refer to the timeline below for an overview of the token migration process.
Ginnie Mae remains dedicated to making technological improvements that deliver a better and safer experience for its business partners. Accordingly, Ginnie Mae is rolling out major upgrades to the Securitization Platform in
October 2022 to consolidate data centers and migrate to the cloud. These upgrades will generate an improved user experience, more efficient processing, and allow for the deployment of desirable business tools like RSA SecurID Soft Tokens.
The information in this section will provide details on the impact to Ginnie Mae business processes and systems dur to the Securitization Platform Upgrades and guidance on how customers will navigate those impacts. For additional information and question about Platform Upgrades, please email