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Press Release​s​

Ginnie Mae Extends Use of Electronic Signatures and Remote Online Notarization
Published Date: 6/14/2023 4:30 PM

WASHINGTON, D.C. – Today, Ginnie Mae announced in All Participants Memorandum (APM) 23-09​ that it is extending the use of electronic signatures in conjunction with Remote Online Notarization (RON) to include power of attorney (POA) mortgage documents.

All Ginnie Mae Issuers can now use RON to execute POA documents when necessary to obtain Single-Family government insured or guaranteed loans on “paper” mortgages. By extending digital capabilities to include POA mortgage documents, Ginnie Mae is modernizing its Mortgage-Backed Securities (MBS) program with flexibilities that benefit our Issuers and borrowers.

“We are pleased that this extended program feature will benefit service member borrowers on overseas duty and other borrowers who cannot execute loan documents in person,” said Ginnie Mae Principal Executive Vice President Sam Valverde. “Ginnie Mae is committed to meeting the homeownership needs of households who cannot access the traditional brick and mortar process.”

Issuers must continue to follow all insuring or guarantying agency guidance regarding POA eligibility and requirements, including the circumstances under which a borrower is permitted to use an attorney-in-fact to obtain Single-Family government insured or guaranteed loans. By using RON for POA, Issuers are subject to the electronic signature and notarization requirements outlined in chapter 24 of the MBS Guide. Please refer to APM 23-09 for more information regarding the requirements.

Additional information about Ginnie Mae is available at and on Twitter, YouTube, Facebook and LinkedIn.

About Ginnie Mae

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