Ginnie Mae announced an additional expansion of its Low-to-Moderate Income (LMI) disclosure initiative to include pool-level data for its HECM Mortgage-Backed Securities (HMBS) program.
Ginnie Mae’s new HMBS LMI disclosures cover active loans pooled from 2012 through the present time.
Why it matters: These disclosures are a response to increased investor interest and focus on meeting environmental, social, and governance (ESG) investment mandates.
What they’re saying: “As interest in social impact investments continues to grow, Ginnie Mae is finding ways to provide more data on the underlying loans in our securities to help investors make better-informed decisions,” said Ginnie Mae Principal Executive Vice President Sam Valverde. “The disclosures being released today reflect the unique impact of our HMBS program in helping to drive retirement security for lower-income households.”
- The new disclosure data will be published on the sixth business day of every month for the prior month’s issuances and made available in the Disclosure Data Download section of the Ginnie Mae website.
