Ginnie Mae announced they are implementing the collection of additional loan-level data elements to be incorporated as part of the Reporting and Feedback System (RFS) investor reporting process to provide additional accuracy and insight into the loan collateral in Ginnie Mae Mortgage-Backed Securities (“MBS”). Full implementation is targeted for second quarter of 2024. To allow adequate time for all impacted parties to adjust their processes, Ginnie Mae has established a window for testing which starts in third calendar quarter 2023 and continues through the first calendar quarter 2024.
