Ginnie Mae HMBS Loan Level Disclosure File Version 2.5 07/01/2023

Version 2.5 07/01/2023 1 HMBS Loan Level Disclosure File

 

Ginnie Mae HMBS Loan Level Disclosure File Version 2.5 07/01/2023

This Document is for New Issuance and for Monthly Disclosure 

Of Active, Single Family Data

See Version History for details
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Ginnie Mae HMBS Loan Level Disclosure Output File Version 2.5

7/01/2023

Document Version History

Version 1.0 02/08/2013. Initial Version.

Version 1.1 03/07/2013 Version 1.0 with these revisions:

Added field “Current Month Liquidation Flag” to 

Loan Level record format.

Added text describing how data values will be 

populated by Release.

Added text indicating that a data field will be 

populated with blanks if no value is available for 

that field.

Version 1.2 04/15/2013 Version 1.1 with this revision:

Added a new value of “MNI” for the “XXX” 

portion of the file name as found in the Overall 

File Header and Overall File Trailer records to 

identify the Monthly New Issuance disclosure file.

Version 1.3 Corrected Payment Reason Code list; a value had 

been omitted.

Version 1.4 06/04/2013. Version 1.3 with this revision: The 

Loan Status Code field will not be disclosed, and 

the output will be blanks. In addition, revised the 

description of the HECM Saver flag to be 

“character” not “numeric”.

Version 1.5 06/12/2013. Version 1.4 with this revision: The 

former “Lifetime Interest Rate Cap” field was 

renamed to “Lifetime Cap/Maximum Interest 

Rate”. The definition of this field was changed for 

monthly adjusting loans.

Version 1.6 07/26/2013. Version 1.5 with these revisions: The 

HECM Original Funding Date field size/format 

was changed from 8 characters/CCYYMMDD to 

6 characters/CCYYMM; 2 characters of Filler 

were added following the HECM Original 

Funding Date field to maintain overall “L” record 

size as 356 characters.

Version 1.7 03/24/2014. Version 1.6 with this revision: 

removed reference to the implementation of 

releases 1 and 2.

Version 1.8 03/27/2014. Version 1.7 with these revisions: 

Indicated that the “new” Payment Reason codes 

will be utilized in both the “Release 1” and 

“Release 2” versions.
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Added a comment in the Layout Notes section to 

indicate the new Payment Reason Codes were 

effective October 1, and will be used in both the 

Release 1 and Release 2 versions.

Version 1.9 10/24/2014. Version 1.8 with these revisions:

(1) Removed references to “Release 1” and 

“Release 2” from the format.

(2) Revised the Payment Reason Code 

descriptions in the Loan Level (“L”) record

to correspond to those published in the 

MBS Guide Appendix vi-17.

(3) Revised the descriptions of the following 

fields in the Loan Level (“L”) record to be 

consistent with the MBS Guide 

Appendices iii-28 and vi-17: Original 

Term of Payments; Property Repair Set 

Aside Amount; HECM Loan Payment 

Option Code; Monthly Servicing Fee 

Amount; Monthly Scheduled Payment 

Amount; Remaining Term of Payments.

Version 2.0 03/01/2015. Version 1.9 with these revisions:

The Loan Record format was revised as follows:

Added a Non-borrowing spouse field that 

indicates if a non-borrowing spouse is associated 

with the loan.

Added a Mandatory Property Charges Set Aside field 

that indicates if the results of the borrower’s financial 

assessment required a mandatory property charges set 

aside.

Added a Remaining Property Charges Set Aside 

Amount field that indicates the amount remaining from 

the Property Charges Set Aside amount reported at 

loan origination.

Added a new value “6” (single disbursement lump 

sum) to the list of possible Payment Options.

Added Annual Interest Rate Change Cap field.

Added Maximum Interest Rate field.

Renamed/repurposed the former field “Lifetime 

Cap/Maximum Interest Rate” to “Lifetime Interest 

Rate Change Cap”.

Version 2.1 03/01/2015. Version 2.0 with these revisions:

(1) Renamed the “Periodic Interest Rate 

Change Cap” field to “Annual Interest 

Rate Change Cap”.

(2) Revised the format of the Maximum 

Interest Rate field to be 9(2)v9(3)

Version 2.2 04/01/2015. Version 2.1 with these revisions:
Ginnie Mae HMBS Loan Level Disclosure File Version 2.5 07/01/2023

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(1) Renamed the “Non-borrowing Spouse” 

field to “Eligible Non-borrowing Spouse” 

and revised the field definition.

(2) Revised the effective date from 03/01/2015 

to 04/01/2015.

Version 2.3 10/27/2017. Version 2.2 with these revisions:

(1) Added data elements to the L record that 

are needed for HREMICs.

(2) Added a notation that the Initial Remaining 

Available Line of Credit Amount and Initial 

Monthly Scheduled Payment Amount fields in 

the Loan Level New Issuance Daily/Monthly 

disclosures will be blank.

Version 2.4 03/01/2018. Version 2.3 with these revisions:

(1) Revised the definition of HECM Loan 

Original Interest Rate to indicate that is the 

original interest rate for the HECM loan, as 

reported at the initial pooling (first 

Participation).

Version 2.5 7/01/2023. Verison2.4 with these non-format 

revisions:

(1) Revised Layout Notes (4) to reference SA 

pool type; 

(2) Added SA to the list of possible values of 

the Pool Type field in the Pool Header 

record.
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Summary of the Record Types in the file. 

Record Type Short Description Occurs in the File

“H” Overall File Header One Per File

“P” Pool Header Record One Record Per Pool

“L” Loan Level Record One Record Per Active Loan in the Pool

“T” Pool Trailer Record One Per Pool

“Z” Overall File Trailer One Per File

LAYOUT NOTES: 

(1) This same file format will be used for the HMBS Loan Level Monthly Disclosure File, 

the daily HMBS New Issuance Disclosure File, and the monthly HMBS New Issuance 

Disclosure File. The “File Name” field in the File Header record will indicate if the file 

is Loan Level Monthly (MON), daily New Issuance (NEW), or monthly New Issuance 

(MNI).

(2) All records/fields are fixed length.

(3) The record order of the file is as follows:

a. File Header, 1st record in the file

 (b, c, and d are repeated for each of the pools in the file)

b. Pool Header Record

c. Loan Level Records for all active Loans in the Pool

d. Pool Trailer Record

e. File Trailer, final record in the file

(4) To manage file size, the HMBS Loan Level Disclosure data will be split into 

multiple/separate files based on Pool Type. All the annual adjustable and fixed pools 

(pool types AL, RA, SA, and RF) will be contained in one file, and all the monthly pools 

(pool types RM and ML) will be contained in another file. 

Each of the resulting files will have the same format as described herein.

(5) If a data item is not available for a loan, blanks will be output for that field value.

(6) The new Eligible Non-borrowing Spouse indicator, Annual Interest Rate Change Cap, 

Maximum Interest Rate, Lifetime Interest Rate Change Cap, and Remaining Property 

Charges Set Aside fields and the new Payment Option value were implemented and 

Issuers began reporting these values effective April 1, 2015.
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Overall File Header Record

Item Data Item Begin End Type Length Remarks

1 Record Type (H = File Header) 1 1 Character 1 X

2 File Name 2 23 Character 22 X(22)

3 File Number 24 26 Numeric 3 9(3)

4 File Correction Flag (Y/N) 27 27 Character 1 X

5 As-Of Date (CCYYMM) 28 33 Numeric 6 9(6)

6 Date File Generated (CCYYMMDD) 34 41 Numeric 8 9(8)

Length of Record 41

1. Record Type: “H” for File Header

2. File Name: “GNMA_HMB_LL_XXX_CCYYMM” where XXX is MON for monthly loan level, or NEW for daily 

New Issuance or MNI for monthly New Issuance; and CCYYMM is the same value as “As-of-Date”

3. File Number: Number from 001 to 999 indicating which segment of split file this file is

4. File Correction Flag: Y (correction) or N (Original) to indicate if this file is a correction of an earlier version 

of the same file

5. As-Of Date: Reporting Period of the data in the file

6. Date File Generated: The date the file was created

Pool Header Record Type P

(followed by the L Records for the pool, and a Pool Trailer Record)

Item Data Item Begin End Type Length Remarks

1 Record Type (P = Pool Header Information) 1 1 Character 1 X

2 CUSIP Number 2 10 Character 9 X(9)

3 Pool ID 11 16 Character 6 X(6)

4 Issue Type 17 17 Character 1 X

5 Pool Type 18 19 Character 2 X(2)

6 Pool Issue Date (CCYYMMDD) 20 27 Numeric 8 9(8)

7 Issuer ID 28 31 Numeric 4 9(4)

8 As-Of Date (CCYYMM) 32 37 Numeric 6 9(6)

Length of Record 37

1. Record Type: “P” for Pool Header

2. CUSIP Number: A nine character unique identifier for the MBS security for the pool

3. Pool ID: The Ginnie Mae Pool identifier; the number assigned by Ginnie Mae at pooling to the pool

4. Issue Type: Designates the type of pool. All HMBS pools are designated as type “H.” 

5. Pool Type: The type of HMBS pool defined as follows:

RF - Fixed Rate

RA - One Year Adjustable Rate, CMT

RM - Monthly Adjustable Rate, CMT

AL - One Year Adjustable Rate, LIBOR

ML - Monthly Adjustable Rate, LIBOR

SA – One Year Adjustable Rate, SOFR

6. Pool Issue Date: The date the pool was issued; always the first of any given month

7. Issuer ID: The number assigned by Ginnie Mae to the HMBS issuer organization.

8. As-Of Date: Reporting Period of the data in the file
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Loan Level Record Type L

Item Data Item Begin End Type Length Remarks

1 Record Type (L) 1 1 Character 1 X

2 Pool ID 2 7 Character 6 X(6)

3 Issuer ID 8 11 Numeric 4 9(4)

4 Disclosure Sequence Number 12 21 Numeric 10 9(10)

5 Sequence Number Suffix 22 24 Numeric 3 9(3)

6 Property Type Code 25 25 Numeric 1 9

7 Original Principal Limit 26 37 Numeric 12 9(10)v9(2)

8 Current Principal Limit 38 49 Numeric 12 9(10)v9(2)

9 Reserved/Filler 50 51 Numeric 2 9(2)

10 Payment Reason Code 52 53 Numeric 2 9(2)

11 Original HECM Loan Balance (OPB) 54 65 Numeric 12 9(10)v9(2)

12 Current HECM Loan Balance 66 77 Numeric 12 9(10)v9(2)

13 Mortgage Margin 78 82 Numeric 5 9(2)v9(3)

14 Rate Reset Frequency 83 83 Character 1 X

15 Servicing Fee Margin 84 87 Numeric 4 9v9(3)

16 Borrower 1 Age at Pool Issuance 88 90 Numeric 3 9(3)

17 Borrower 2 Age at Pool Issuance 91 93 Numeric 3 9(3)

18 MSA 94 98 Numeric 5 9(5)

19 HECM Loan Original Interest Rate 99 103 Numeric 5 9(2)v9(3)

20 HECM Loan Current Interest Rate 104 108 Numeric 5 9(2)v9(3)

21 Participation UPB 109 120 Numeric 12 9(10)v9(2)

22 Participation Interest Rate 121 125 Numeric 5 9(2)v9(3)

23 Loan Servicing Fee Code 126 126 Numeric 1 9

24 Expected Average Mortgage Interest Rate 127 131 Numeric 5 9(2)v9(3)

25 Servicing Fee Set Aside Amount 132 143 Numeric 12 9(10)v9(2)

26 HECM Original Funding Date (CCYYMM) 144 149 Numeric 6 9(6)

27 Filler 150 151 Character 2 X(2)

28 Property Valuation Amount 152 163 Numeric 12 9(10)v9(2)

29 Original Term of Payments 164 166 Numeric 3 9(3)

30 Property Charges Set Aside Amount 167 178 Numeric 12 9(10)v9(2)

31 Property Repair Set Aside Amount 179 190 Numeric 12 9(10)v9(2)

32 Property Valuation Effective Date (CCYYMMDD) 191 198 Numeric 8 9(8)

33 Loan Origination Company 199 228 Character 30 X(30)

34 HECM Loan Purpose Code 229 229 Numeric 1 9

35 HECM Loan Payment Option Code 230 230 Numeric 1 9

36 HECM Saver Flag 231 231 Character 1 X

37 Original Available Line of Credit Amount 232 243 Numeric 12 9(10)v9(2)

38 Original Draw Amount 244 255 Numeric 12 9(10)v9(2)

39 Mortgage Servicer 256 265 Character 10 X(10)

40 Lifetime Floor Rate 266 270 Numeric 5 9(2)v9(3)

41 Remaining Available Line of Credit Amount 271 282 Numeric 12 9(10)v9(2)

42 Monthly Servicing Fee Amount 283 294 Numeric 12 9(10)v9(2)

43 Monthly Scheduled Payment Amount 295 306 Numeric 12 9(10)v9(2)

44 Remaining Term of Payments 307 309 Numeric 3 9(3)

45 Initial Change Date (CCYYMMDD) 310 317 Numeric 8 9(8)

46 Credit Line Set Aside Amount 318 329 Numeric 12 9(10)v9(2)

47 MIP Basis Points 330 332 Numeric 3 9(3)

48 Maximum Claim Amount 333 345 Numeric 13 9(11)v9(2)

49 Lifetime Interest Rate Change Cap 346 347 Numeric 2 9(2)

50 Reset Months 348 349 Numeric 2 9(2)

51 Current Month Liquidation Flag 350 350 Character 1 X
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Item Data Item Begin End Type Length Remarks

52 Eligible Non-borrowing Spouse 351 351 Character 1 X

53 Mandatory Property Charges Set Aside 352 352 Character 1 X

54 Annual Interest Rate Change Cap 353 354 Numeric 2 9(2)

55 Maximum Interest Rate 355 359 Numeric 5 9(2)v9(3)

56 Remaining Property Charges Set Aside 360 372 Numeric 13 9(11)v9(2)

57 As-Of Date (CCYYMM) 373 378 Numeric 6 9(6)

58 Initial Monthly Scheduled Payment 379 391 Numeric 13 9(11)v9(2)

59 Initial Remaining Available Line of Credit 392 404 Numeric 13 9(11)v9(2)

60 Adjustment Date (CCYYMMDD) 405 412 Numeric 8 9(8)

Length of Record 412

1. Record Type (L): An identifier for the type of record; “L” for Loan Level record.

2. Pool ID: The Ginnie Mae Pool identifier; the number assigned by Ginnie Mae at pooling to the pool.

3. Issuer ID: The number assigned by Ginnie Mae to the HMBS issuer organization.

4. Disclosure Sequence Number: An internal sequence number associated with the particular disclosure 

record.

5. Sequence Number Suffix: A three-character suffix associated with the HECM loan that uniquely identifies 

this HECM loan Participation.

6. Property Type Code: The type of property.

1 = Single Family

2 = Condominium

3 = Manufactured Housing

4 = Planned Unit Development

7. Original Principal Limit: The principal limit is the maximum HECM mortgage amount; it equals the 

maximum claim amount times the principal limit factor; the Principal Limit reported at Pool issuance.

8. Current Principal Limit: The Current Principal Limit, as of the most recent reporting period.

9. Reserved/Filler. 

Always Blank.

10. Payment Reason Code: The reason for the payment amount.

1 = Refinance---loan purchased in full from the pool due to refinance by the borrower to another reverse 

or other mortgage. 

2 = Voluntary Full Prepayment---a full prepayment of the loan by the borrower where the prepayment is 

not associated with borrower refinance, move, or death. 

3 = Borrower Move---a full prepayment of the loan by the borrower due to the borrower’s move to 

another residence for reasons other than foreclosure. 

4 = Death of Borrower ---a full prepayment of the loan by the borrower, or the borrower’s estate, due to 

the death of the borrower.

5 = Mandatory purchase event---purchase of all pooled participations related to a HECM when the 

outstanding principal balance of the HECM is equal to or greater than 98% of the Maximum Claim 

Amount.

6 = Optional purchase event---optional purchase of all pooled participations related to a HECM when any 

mortgagor’s request for an additional advance, if funded, together with the outstanding principal 

balance of the HECM is equal to or greater than 98% of the Maximum Claim Amount. 

7 = Foreclosure---loan purchased from pool in full due to foreclosure, REO sale, or REO related claim 

settled by FHA.

8 = Other---full prepayment of the loan for reasons not specified above. Use of Other requires Ginnie 

Mae approval.

9 = Partial Prepayment---a voluntary partial prepayment of the loan from the borrower, where the 

loan/participations are not fully liquidated. Partial prepayments that are proceeds from hazard 

insurance and condemnation proceeds to the extent not used to repair the property. Partial 

prepayments that are payments from an issuer’s own funds to purchase participations related to the 

principal amount of a mortgage finally discharged by a bankruptcy court.
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10 = Due and payable purchase event using Issuer corporate funds---optional purchase of all pooled 

participations related to a HECM when the HECM has become, and continues to be, due and payable 

in accordance with its terms.

11 = Pending FHA claim with partial payment—Partial prepayment of proceeds from a sale of the property 

when (a) mortgagor sells property for less than the loan balance and mortgagee releases the HECM 

to facilitate the sale, (b) mortgagee forecloses and a bidder other than the mortgagee purchases the 

property for less than the loan balance, or (c) mortgagee acquired title and sold property for less 

than the loan balance. 

Blanks = no payment made

11. Original HECM Loan Balance (OPB): The original principal balance of the HECM.

12. Current HECM Loan Balance: The ending principal balance of the HECM; this is the accumulated net 

principal outstanding this reporting period.

13. Mortgage Margin: Percentage points added to the index rate to determine an ARM's interest rate.

14. Rate Reset Frequency: Period, whether annually or monthly, that the interest rate of each adjustable rate 

HECM resets under the interest rate formula and HECM loan documents applicable to each adjustable 

rate HECM. Value is derived based on the Pool Type.

A = Annual

M = Monthly

F = Fixed Rate

15. Servicing Fee Margin: The Servicing Fee Margin is the spread between the note rate and the rate at which 

the HMBS participation accrues interest, must be at least 0.36 percent (36 bps), but no more than 1.50 

percent (150 bps), including the six bps for the Ginnie Mae Guaranty Fee. This is a calculated field based 

on HECM loan interest rate minus the Participation interest rate.

16. Borrower 1 Age at Pool Issuance: The age in years of Borrower 1 on the date of pool issuance.

17. Borrower 2 Age at Pool Issuance: The age in years of Borrower 2 on the date of pool issuance.

18. MSA: Five digit code for the Metropolitan Statistical Area or Micropolitan Statistical Area where the 

property is located. Value is derived from the Census tract associated with the borrower address.

19. HECM Loan Original Interest Rate: The original interest rate for the HECM loan, as reported at the initial 

pooling (first Participation).

20. HECM Loan Current Interest Rate: The current interest rate for the HECM loan; as of the most recent 

reporting period. 

21. Participation UPB: The ending principal balance of the Participation; this is the accumulated balance of the 

Participation, as of the most recent reporting period.

22. Participation Interest Rate: The rate that interest accrued on the Participation for the reporting period, as 

of the most recent reporting period.

23. Loan Servicing Fee Code: A code which describes the type of Loan Servicing Fee applied to this loan.

1 = Fixed

2 = Spread

24. Expected Average Mortgage Interest Rate: The original expected average mortgage interest rate per FHA 

guidelines. It is fixed throughout the life of the loan and is used to determine payments to the borrower. 

For a fixed rate loan, the expected rate is the fixed interest rate. For an adjustable rate loan, the expected 

rate is the sum of the lender's margin and the U.S. Treasury Securities rate adjusted to a constant 

maturity of ten years.

25. Servicing Fee Set Aside Amount: An amount initially set aside from the Principal Limit as indicated on the 

Payment Plan Exhibit to the HECM Loan Agreement, to be applied to payment due for a fixed monthly

charge for servicing activities of Issuer or its Subcontract Servicer. Such servicing activities are necessary 

to protect Issuer’s interest in the property. A servicing fee set aside, if any, is not available to the 

Borrower for any purpose, except to pay for loan servicing.

26. HECM Original Funding Date: The date the HECM loan was first funded.

27. Filler: field value will be blanks.

28. Property Valuation Amount: Statement of property’s value from a valid property valuation source as of 

the Origination Date.

29. Original Term of Payments: Original number of monthly payments on a term or modified term loan as of 

the Pool Issue Date.
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30. Property Charges Set Aside Amount: At closing, the amount that a borrower sets aside to cover property 

charges such as taxes, insurance, ground rents, and homeowner’s association fees. 

31. Property Repair Set Aside Amount: At closing, the amount that a borrower sets aside to cover property 

repairs, plus the repair administration fee. 

32. Property Valuation Effective Date: Effective date of the property valuation on the subject property as of 

the Origination Date.

33. Loan Origination Company: The mortgage company is the entity that processed the HECM Loan 

Application.

34. HECM Loan Purpose Code: The purpose for which the HECM loan was originated.

1 = HECM Traditional

2 = HECM Refinance

3 = HECM Purchase

35. HECM Loan Payment Option Code:The method to receive payments that was selected by the borrower as 

of the reporting cut-off date.

1 = Tenure

2 = Term

3 = Line of Credit

4 = Modified Term

5 = Modified Tenure

6 = Single Disbursement Lump Sum

36. HECM Saver Flag: Code which indicates if this is a HECM Saver loan.

N = Standard HECM Loan

Y = HECM Saver Loan 

37. Original Available Line of Credit Amount: Original available line of credit amount. Required if Payment 

Option is = 3, 4 or 5.

38. Original Draw Amount: The original amount drawn on a line of credit loan. Required if Payment Option is 

= 3, 4 or 5.

39. Mortgage Servicer: The current servicer of the mortgage.

40. Lifetime Floor Rate: The minimum interest rate that can be applied during the loan term; ARM loans only.

41. Remaining Available Line of Credit Amount: Remaining line of credit balance. Reflects the remaining cash 

available to the borrower (net of any tenure or term set asides as well as any tax, maintenance, insurance 

or servicing set asides).

Required if Payment Option = 3

42. Monthly Servicing Fee Amount: Total monthly servicing fee in dollars that is payable to the Issuer. The 

issuer is to report the monthly servicing fee on the HECM loan, for fixed servicing.

43. Monthly Scheduled Payment Amount: The monthly payment amount scheduled to be made to the 

borrower as of the reporting cut-off date, including, if applicable, the amount that will be withheld from 

borrower’s monthly payment for property charges. Required if Payment Option = 1, 2, 4 or 5. 

44. Remaining Term of Payments: Remaining number of monthly payments as of the reporting cut-off date on 

a term or modified term loan.

Required if Payment Option = 2 or 4

45. Initial Change Date: The date that the loan rate will reset for the first time; ARM loans only.

46. Credit Line Set Aside Amount: In exchange for reduced monthly payments, the specified amount of 

money set aside for a line of credit, on which the borrower can draw until the line of credit is exhausted. 

Required if Payment Option = 4 or 5.

47. MIP Basis Points: The amount of the Mortgage Insurance Premium interest rate in basis points. A basis 

point equals one-hundredth of one percent. One hundred basis points is shown as "100" and is equal to 

one percent (.01) of the loan amount.

The loan’s Case Number Assigned Date will be used when available to determine the MIP rate that is 

disclosed. For The Monthly Portfolio Disclosure, if a Case Number Assigned Date is not available, the Loan 

Origination Date will be used to determine the MIP rate. For the New Issuance Daily/Monthly Disclosures, 

if a Case Number Assigned Date is not available, blanks will be disclosed for the MIP rate. 
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48. Maximum Claim Amount: The maximum claim amount is the lesser of the appraised value of the property 

or the maximum mortgage amount for a one-family residence that HUD will insure in an area under 

Section 203(b)(2) of the National Housing Act. The maximum claim amount is established when the 

Conditional Commitment is issued and represents the maximum amount that HUD will pay on a claim for 

insurance benefits.

49. Lifetime Interest Rate Change Cap: (Annual ARM) A cap that limits the lifetime interest rate increase or 

decrease of the loan. The value is “5” for 1-Year adjusting loans. This field is required only for annual 

adjusting loans.

50. Reset Months: The number of months between interest rate resets for the loan. This value is for 

Adjustable Rate loans only. The value is calculated/derived from the ARM Type field. The value is 1 for a 

Monthly Adjustable Rate loan and 12 for a One Year Adjustable Rate loan.

51. Current Month Liquidation Flag: A code that indicates if the loan was liquidated in this reporting month.

Value is derived from Payment Reason.

Y = Yes

N = No

52. Eligible Non-borrowing Spouse: A code that indicates if an Eligible Non-borrowing Spouse was identified 

at the time of loan closing and still remains eligible per FHA guidance. Whether an Ineligible NonBorrowing Spouse was identified at closing does not apply to this field.

Y = Yes

N = No

53. Mandatory Property Charges Set Aside: A code that indicates if the results of the borrower’s financial 

assessment required a mandatory property charges set aside.

Y = Yes

N = No

54. Annual Interest Rate Change Cap (Annual ARM): A cap that limits the periodic interest rate increase or 

decrease of the loan. The value is “2” for 1-Year adjusting loans. This field is required only for annual 

adjusting loans.

55. Maximum Interest Rate (Monthly ARM): The maximum interest rate on the note. This field is required 

only for monthly adjusting loans.

56. Remaining Property Charges Set Aside: The remaining amount in the set aside established at closing to 

cover property charges such as taxes, insurance, ground rents, and homeowner’s association fees.

57. As of Date (CCYYMM): Reporting period for the data.

58. Initial Monthly Scheduled Payment: The aggregate monthly amount that is payable to HECM borrowers in 

a given month under certain types of payment plans during the first twelve month disbursement period. 

This field’s value will always be blank in the New Issuance Daily/Monthly disclosures.

59. Initial Remaining Available Line of Credit: The aggregate line of credit available during the first twelve 

month disbursement period to borrowers under certain payment plans. The Initial Remaining Available 

Line of Credit Amount does not include set asides for the Monthly Servicing Fee, if any, property charges 

(such as taxes, hazard insurance, ground rents or assessments) or repairs, if any. This field’s value will 

always be blank in the New Issuance Daily/Monthly disclosures.

60. Adjustment Date (CCYYMMDD): The first date after the Pool Issue Date on which the interest rate on the 

HECM related to the Participation pooled will adjust. For monthly adjustable HECMs the date must be the 

first day of the month immediately following pool issuance. For annually adjustable HECMs, the date 

must be the first day of a month within twelve months following the month of pool issuance.
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Pool Trailer Record Type T

Item Data Item Begin End Type Length Remarks

1 Record Type (T = Pool Trailer Information) 1 1 Character 1 X

2 CUSIP Number 2 10 Character 9 X(9)

3 Pool ID 11 16 Character 6 X(6)

4 Issue Type 17 17 Character 1 X

5 Pool Type 18 19 Character 2 X(2)

6 Pool Issue Date 20 27 Numeric 8 9(8)

7 Issuer ID 28 31 Numeric 4 9(4)

8 As-Of Date (CCYYMM) 32 37 Numeric 6 9(6)

9 Loan Count for the Pool 38 44 Numeric 7 9(7)

Length of Record 44

1. Record Type: “T” for Pool Trailer

2. CUSIP Number: A nine character unique identifier for the MBS security for the pool

3. Pool ID: The six character identifier for the pool.

4. Issue Type: The one character issue type for the pool.

5. Pool Type: The two character pool type for the pool.

6. Pool Issue Date: The date the given pool was issued.

7. Issuer ID: The four digit identifier for the pool’s issuer.

8. As-Of Date: Reporting Period of the data in the file.

9. Loan Count: The number of loans (participations) in the file for this pool.

Overall File Trailer Record

Item Data Item Begin End Type Length Remarks

1 Record Type (Z = File Trailer) 1 1 Character 1 X

2 File Name 2 23 Character 22 X(22)

3 File Number 24 26 Numeric 3 9(3)

4 Count of Pools in this File (Control Total) 27 33 Numeric 7 9(7)

5 Count of Loans in this File (Control Total) 34 42 Numeric 9 9(9)

6

Total Record Count (Control Total including all 

headers and trailers) 43 51 Numeric 9 9(9)

7 As-Of Date (CCYYMM) 52 57 Numeric 6 9(6)

Length of Record 57

1. Record Type: “Z” for File Trailer

2. File Name: “GNMA_HMB_LL_XXX_CCYYMM” where XXX is MON for monthly loan level, or NEW for daily 

New Issuance or MNI for monthly New Issuance; and CCYYMM is the same value as “As-of-Date”, 

3. File Number: Number from 001 to 999 indicating which segment of split file this file is

4. Count of Pools: The number of pools contained in this file

5. Count of Loans: The number of loans contained in this file

6. Total Record Count: The count of all records in this file, including all headers and trailers

7. As-Of Date: Reporting Period of the data in the file