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Press Release​s​

Ginnie Mae Enhances its Digital Collateral Program and eGuide
Published Date: 5/23/2022 1:00 PM

WASHINGTON, D.C. – Today, Ginnie Mae announces the rollout of enhancements to its Digital Collateral Program and the release of updated guidance for the securitization of eNotes. The revised Digital Collateral Guide (eGuide) applies to all existing eIssuers and provides eligibility and technological requirements for aspiring applicants.

There has been continued interest in Ginnie Mae’s Digital program since Ginnie Mae securitized its first eNote in January 2021. The program is currently in a pilot phase with a limited number of approved eIssuers and has securitized over $8 Billion in eNotes. All current participants in the Ginnie Mae program are existing Ginnie Mae Issuers, a requirement under the program. After a successful pilot phase of its new Digital Collateral Program, Ginnie Mae will reopen the program to new applicants this June.

Program enhancements include the ability to perform eModifications to eNotes, streamlined procedures for Release of Secured Party requests, and the acceptance of eNotes using a Power of Attorney. All eGuide updates are effective June 1st, 2022.

“The lessons learned during the initial pilot of the Digital Collateral Program are now incorporated into the eGuide and resulting enhancements. We are excited to expand access to this program” said Ginnie Mae President Alanna McCargo. “eMortgages bring efficiency and resilience to mortgage lending, and more importantly, improve access to homeownership for borrowers who are not well served by the traditional mortgage lending approach,” she continued.

Ginnie Mae will reopen the Digital Collateral Program to new participants beginning June 21st , 2022. Ginnie Mae has named Lynne Chandler as Digital Policy Director. The full eGuide, Appendix V-07 of the Ginnie Mae Mortgage- Backed Securities Guide, is referenced in Modernization Initiatives at

About Ginnie Mae

Ginnie Mae is a wholly owned government corporation that attracts global capital into the housing finance system to support homeownership for veterans and millions of homeowners throughout the country. Ginnie Mae MBS programs directly support housing finance programs administered by the Federal Housing Administration, the Department of Veterans Affairs, the Department of Housing and Urban Development’s Office of Public and Indian Housing and the Department of Agriculture Rural Housing Service. Ginnie Mae is the only MBS to carry the explicit full faith and credit of the United States government.