WASHINGTON, D.C.— Today, in All Participants Memorandum (APM) 23-14, Ginnie Mae announced the implementation of the new monthly financial reporting form via the Mortgage Bankers Financial Reporting Form (MBFRF) portal.

With the substantial increase in mortgage originations from non-depository lenders, the new MBFRF Short Form is intended to evaluate Issuers’ financial soundness and strength. “The adoption of the Mortgage Banking Financial Report Form Short Form is a critical step towards counter party financial transparency,” said Ginnie Mae President Alanna McCargo. “This enhancement advances our work in managing risk and ensuring the Ginnie Mae MBS ecosystem is ​sustainable and stable, through all economic conditions and market cycles.”

For more information and resources regarding the MBFRF Short Form implementation, please refer to APM-23-14.

Additional information about Ginnie Mae is available at www.ginniemae.gov​ and on X (formally known as 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.