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SFPDM business-rule updates, including buy-down and high-balance rules, deploy Nov. 22

Ginnie Mae · December 4, 2024

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Summary

Ginnie Mae and Bank of New York project managers outlined SFPDM changes: allowing earlier first permanent dates for construction-to-permanent loans, buy-down logic updates for FHA ADP codes and ETPOs, digital-loan synchronization changes, and permitting high-balance RG loans in jumbo pools, with deployment set for Nov. 22, 2024.

Moyola Keapata (project manager, Bank of New York) summarized a set of SFPDM enhancements that Ginnie Mae is rolling out to address business rules and product eligibility. Key items include a flag to allow the first permanent date at modification to be earlier than the pre-modification date, updated logic for buy-down loans tied to FHA ADP codes, permitting buy‑down loans in ETPOs, changes to digital-loan synchronization to disallow certain operations in AMPULS, and allowing high-balance RG loans in jumbo pools.

Keapata said business rules and error messages will be updated to reflect the changes and that systems will not show a business rule on-screen when high-balance reforming loans are detected. "These changes will be deployed to production on Friday, November 22," she said.

Issuers should review updated validation rules and be prepared for the change in business-rule behavior on the stated deployment date; presenters answered related user questions during the call and directed technical follow-ups to operations teams.