Ginnie Mae continues to modernize its Securitization Platform technology, processes, and related policies in response to the growing need for improved service delivery to its Issuers and investors, creating a fairer, more affordable and equitable housing finance system. Toward this goal, Ginnie Mae is transforming its platform operations to deliver greater business value.
Our migration to a public cloud is the foundation for our modernization and transformation initiatives. Ginnie Mae's efforts were recently acknowledged by peers in the technology industry when the agency was named a 2022 CIO 100 award recipient, recognition assigned to organizations that exemplify the highest level of operational and strategic excellence in information technology. This transition to a mature public cloud enhances Ginnie Mae's ability to respond to market changes and develop new products that help America's homeowners and renters.
Ginnie Mae has continued to invest in technology modernization and optimization efforts designed to simplify doing business with us. We expanded the functionality and value proposition of MyGinnieMae, our business processing hub, by launching important pooling tools for single- and multi-family as well as Platinum securities, helping to streamline those products. Additionally, we incorporated a state-of-the-art centralized helpdesk into the portal that significantly enhances the customer experience.
The broad details of these efforts were outlined in the 2022
Annual Report, an article by Barbara Cooper-Jones, SVP of Enterprise Data and Technology in the Ginnie Mae Housing Analysis & Policy Spotlight (HAPS)
Technology modernization powers Ginnie Mae's enhanced securities disclosure. Enhanced disclosure of the mortgages underlying Ginnie Mae MBS give a clearer picture of Ginnie Mae's market-leading support for affordable housing and first-time homeownership, key visibility tools for investors interested in making Social investments as part of their broader Environmental, Social and Governance portfolio targets.
In addition to increasingly deeper data into the Social aspect of Ginnie Mae's MBS, technology driven data tools help Ginnie Mae report out the way its securities further Environmental investment goals portfolio managers may have. Overall, Ginnie Mae's ESG disclosure are aligned with the Biden-Harris Administration's commitments to affordable housing and environmental sustainability.
For an additional list of documents, publications, processes and further information regarding our modernization effort, please refer to technology and modernization articles published in the
HAPS blog and in the tables below.
In 2022, Ginnie Mae migrated to the use of RSA SecurID Soft Tokens. This migration eased access to applications on MyGinnieMae and provided enhanced security features that hard tokens could not provide. RSA SecurID Tokens are software-based security tokens that generate a single-use login PIN. Soft tokens replicate the security advantages of multifactor authentication, while simplifying distribution and lowering costs.
Ginnie Mae will automate soft token provisioning effective December 9th, 2023. This allows existing token holders to obtain a new RSA SecurID soft token and change the device on which the token is installed via self-service functionality. Token holders and their Organization Administrators are encouraged to reference this page for the latest updates, as Ginnie Mae iteratively improves the process for requesting and maintaining soft tokens.
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