Ginnie Mae To Debut HMBS Loan-Level Disclosure Layout

Posted by Orb Staff on February 15, 2013 No Comments
Categories : FYI

Ginnie Mae plans to release the HECM Mortgage-Backed Securities (HMBS) Loan-Level Disclosure Layout, Version 1.0, for disclosure of HMBS loan-level information.

Ginnie Mae will be releasing HMBS loan-level data in two phases. The first phase loan-level disclosure will use the new Loan-Level Disclosure Layout, but will only be populated for data items currently collected from its issuers. The second phase is scheduled for the first quarter of 2014 and will encompass both monthly loan-level disclosure and new issuance disclosure.

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