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Ginnie Mae reports 18.2 million loan records processed in RFS initial release; exceptions excluded through Jan 2025
Summary
Rob Worley said the RFS enhanced reporting processed 907 files from 349 issuers covering 18,236,625 loan records; some exceptions were suppressed in mid‑September and will be excluded from issuer operational scoring through the January 2025 reporting cycle.
Rob Worley, a business analyst in Ginnie Mae's Office of Securities Operations, summarized the initial RFS investor-reporting results. He said the team processed 907 submitted files from 349 issuers, totaling 18,236,625 loan records, and that issuers have generally incorporated the expanded loan-level dataset.
Worley acknowledged unexpected exceptions in the initial release and said a mid-September change suppressed those exceptions for reporting purposes. He said Ginnie Mae will continue to monitor monthly reporting, exclude the new exceptions from issuer operational performance profiles through the January 2025 reporting cycle (the January run reflects February-cycle scoring) and begin scoring those exceptions in March 2025 for the February reporting cycle.
Worley praised issuers for responsiveness in resolving data-quality issues and said the team would continue outreach and analysis to smooth the transition to the expanded dataset.
