Ginnie Mae has announced due to the continuing impact of the COVID-19 Pandemic National Emergency on forbearance levels and delinquency rates, Ginnie Mae is continuing the exemptions originally introduced in APM 20-06: “Treatment of Mortgage Delinquency Ratios for Issuers Affected by COVID-19", and in APM 21-04: “Extension of Temporary Relief from the Acceptable Delinquency Threshold requirement,” from July 31, 2022, through January 31, 2023.