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Ginnie Mae to begin PDS reporting Dec. 1; webinar walks issuers through MyGinnieMae manual entry and rules
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Summary
Ginnie Mae told issuers in a webinar that PDS (payment default status) reporting will begin Dec. 1 using November 2024 data, detailed how to enter loan‑level default information in MyGinnieMae, and outlined deadlines, exceptions and resources including Appendix 6‑22 and APM 24‑06.
Sylvia Bowling, a business analyst in the Office of Security Operations at Ginnie Mae, opened a training webinar that walked issuers through manual data entry in the new Payment Default Status (PDS) module and the agency’s near‑term implementation timeline.
Ginnie Mae officials said the agency will begin PDS reporting on Dec. 1 using the November 2024 reporting period and that the requirement is specified in APM 24‑06. “This is governed by APM 24‑06,” Matt Tetelbach said during the presentation, noting that Appendix 6‑22 is the definitive code list and that the PDS module will appear in MyGinnieMae in the coming days.
The training team — which included Christy(Christy) Christensen and Debbie Bowles — demonstrated the PDS user interface, including the PDS activity, exceptions, download and issuer summary tabs. Debbie Bowles showed how to enter a Ginnie Mae unique loan ID, select action codes and dates, and save changes; she said a maximum of 20 action codes and dates may be entered on one loan per reporting period.
Ginnie Mae staff emphasized a few compliance deadlines and operational details: PDS loan data must be submitted monthly by the fifth business day at 7 p.m. Eastern; the deadline for critical and high exceptions is the seventh business day at 7 p.m. Eastern. Appendix 6‑22 defines which exceptions are critical or high; presenters cited PDS 204 as the critical exception and PDS 160 and PDS 161 as high exceptions. The issuer monthly certification must be completed between the seventh and fourteenth business days of the month, and some functions require an RSA soft token and the current form specified by Ginnie Mae.
Presenters also described file submission options: issuers may upload PDS files via SFTP or the MyGinnieMae file‑upload flow, or manually enter records in the PDS activity tab. The FA list (functional acknowledgment) shows accepted or rejected files; a rejected file is marked with an R and provides a link to the reject reason. The download exception CSV can be opened and used to populate loan fields for fixes and re‑submission.
Ginnie Mae highlighted resources to support implementation: Appendix 6‑22 (the PDS specification), Modernization Bulletins 50 and 54, FAQs, and two quick reference cards (QRCs) — one on monthly certification and one on manual entry. Presenters said the MyGinnieMae PDS menu was scheduled to be released Nov. 29 in advance of the Dec. 1 reporting start, and that Appendix 6‑22 will be updated in coming months to clarify several scenarios.
The agency encouraged issuers using service bureaus or vendors to coordinate with those teams to ensure readiness, and directed operational questions to AskGinnieMae@hud.gov. The training closed with presenters offering to follow up individually on outstanding technical or edge‑case questions and a request that attendees complete a post‑training survey.
The webinar materials — including the updated slide referenced during the session — will be reposted by Ginnie Mae, and staff said they will follow up by email on specific clarifications requested during the call.
