Ginnie Mae moves HMBS functions to MyGinnieMae and adds fixed‑rate platinum collateral types

Ginnie Mae staff detailed platform and pool changes affecting HMBS issuers and capital‑markets teams.

Carol Hilsack in securities operations said BD and RG pool types were added this month as eligible collateral for fixed‑rate platinum pools. "The BD and the RG pool types are now eligible collateral to be included in our fixed rate platinums," she said, and noted these additions will enhance liquidity for CRG and CBD pool types.

Moyo Alakia Pata, a BNY project manager, described phase‑1 HMBS modernization: migrating HMBS functionality and historical data from GineNet to MyGinnieMae to provide a single access point for issuers and document custodians. She said the issuer interface will adopt U.S. web design standards, include hotforms and perspective generation in MGM, and target a late‑March release so users will not require GineNet for HMBS initial and final certifications after the migration.

Ginnie Mae said these changes are intended to improve continuity and streamline issuer workflows; staff advised issuers to watch modernization bulletins for implementation guidance and to coordinate with capital markets teams on pool collateral use.