Ginnie Mae Considering Updates to Monthly Reporting Cut-Off Dates

On Monday, January 29th, Ginnie Mae announced that it is considering accelerating the month end investor reporting cycle to include a monthly reporting cut-off date no later than the last business day of the month, with RFS pool/loan investor reporting files due the 1st business day and corrections by the 3rd business day. According to the release, this change is being contemplated to align better with investor expectations and to align with the schedule of data released by the GSEs. Recognizing the impact of this potential change, Ginnie Mae also announced that structured engagements to collect issuer feedback are being scheduled to occur over the next several months. SFIG will continue to monitor updates and outreach from Ginnie Mae on this and other programs.

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