1 REV.5500.3,AE MINNIE G
loans at a particular interest rate by the face interest rate for that group;
Multiply the total unpaid principal balance (as of the issue date) for each group of a.
is included, enter the “weighted average interest rate.” This is calculated as follows:
If more than one interest rate For Ginnie Mae I MH pools and Ginnie Mae II pools only:3.
pooled mortgage with the latest stated maturity.
Term of mortgages. Enter in this block the years and months until the stated maturity of the 2.
securities (for pools and loan packages issued on or after July 1, 2003).
at least 25 basis points higher but not more than 75 basis points higher than the face rate of
face rate of the securities (for pools and loan packages issued prior to July 1, 2003), or a rate
have a rate at least 50 basis points higher, but no more than 150 basis points higher, than the
Under the Ginnie Mae II program, except for manufactured home loans, the mortgages must
except for manufactured home loans, all the mortgages must have the same interest rate.
Interest rate of mortgages in the pool or loan package. Under the Ginnie Mae I program, 1.
below.
The circled numbers on the illustrated form correspond with the numbers listed Instructions:
Completion
form HUD 11706 is automatically generated.
, the NETFor pools or loan packages submitted electronically through Ginnie
the original to Ginnie Mae’s Pool Processing Agent (PPA).
side of the form HUD 11706), the document custodian or the Issuer will forward
Mae MBS Guide. After the document custodian signs (certifies on the reverse
documents in its possession in accordance with the requirements of the Ginnie
custodian will examine the Schedule of Pooled Mortgages against the mortgage
Original will be delivered to the document custodian by the Issuer. The document Distribution:
maintain.
Original and any copies needed for the Issuer and document custodian to Prepared in:
held by the document custodian on behalf of Ginnie Mae.
from the document custodian that certain required mortgage documents are being
collateralize the designated MBS pools or loan packages. Provides a certification
To provide a means of identifying and controlling the mortgages that Purpose:
Participations and Mortgages.
format described in Appendix III-28 for form HUD 11706H, Schedule of Pooled
, using the file NETpools may only be transmitted electronically through Ginnie
HMBS Issuer Guide.NETmust follow the instructions set forth in the Ginnie
to submit pools and loan packages NET submission format. Issuers using Ginnie
these instructions should be used only by Issuers submitting pools in paper
Ginnie Mae I MBS Program and Ginnie Mae II MBS Program. This form and Applicability:
ORTGAGESMOOLED PCHEDULE OF S-11706HUDORM F
III-7 PPENDIX A
Appendix III-7 1 Date: 01/01/2015
1 REV.5500.3,AE MINNIE G
or loan package. Enter face interest rate for each mortgage.
: Make entries only if loans with different rates are included in the pool Ginnie Mae II only17.
section of Act)
of the section of the National Housing Act) (For GPM loans, show plan number following
the National Housing Act. (For § 184 loans, record the number “184” in parenthesis in place
Full FHA, VA, RD or PIH 184) case number, including area identification and section of 16.
Full street address of property, including zip code. 15.
Full legal name of borrower. 14.
If MERS is the original mortgagee of record, insert the word “Yes”; otherwise, leave blank. 13.
immediately below the Issuer loan number.
registered with MERS, set out the assigned mortgage identification number (MIN)
Loan number of each mortgage assigned by Issuer for its records. If the mortgage is 12.
Issuer ID number assigned by Ginnie Mae. 11.
January l, April 1, July 1 or October 1.
in the case of a hybrid ARM, after the initial fixed rate period. The date must be either
which is the date on which the interest rate for the security and the mortgage will change, or,
Enter the security adjustment date, Adjustable Rate (ARM) pools and loan packages only.10.
Indicate whether issuance is under the Ginnie Mae I or Ginnie Mae II program. 9.
Check applicable boxes for type of loans collateralizing the pool. 8.
Full legal name of Issuer. 7.
First day of the month of issue. 6.
the first digit.
six-digit pool/loan package number. An ARM pool will be identified by the numeral 8 as
A GPM or GEM pool will be identified by the numeral 9 as the first digit in the Note:
and finally the pool type, i.e., “833477 C AT”.
Issuers are required to first list the pool/loan package number, followed by the pool indicator
package number. To ensure that the underlying collateral conforms to the pool type selected,
part of a multiple issuer pool under Ginnie Mae II, this number will refer to the Issuer’s loan
this number will refer to the Issuer’s pool number. If the pooled mortgages are to become
If the pool is to be formed under Ginnie Mae I or is to be a custom pool under Ginnie Mae II,
Enter the number from the listing of pre-assigned pool numbers obtained from Ginnie Mae. 5.
recertification by the document custodian.
Indicate whether submission is in connection with initial certification, final certification, or 4.
figures (xx.xxxx percent).
The resulting weighted average interest rate must be expressed in six significant
Divide that sum by the total of the unpaid balance for the pool or loan package. c.
Sum the resulting products; b.
Appendix III-7 2 Date: 01/01/2015
1 REV.5500.3,AE MINNIE G
Social security number of the borrower. 31.
was not required for this loan enter “200”.
bureau score cannot be derived (non-traditional credit score) enter “100”. If a credit score
the borrower has insufficient trade lines with Equifax, Experian or TransUnion and a credit
Credit Score of the borrower, numeric credit score resulting from credit evaluation model. If 30.
page.
page, only the grand total needs to be shown either on the last page or on a separate “totals”
Total principal and interest amount for entire pool or loan package. If there is more than one 29.
separate “totals” page.
more than one page, only the grand totals need to be shown, either on the last page or on a
Total unpaid balance of FHA, VA, RD and/or PIH mortgages (including cents). If there is 28.
either on the last page or on a separate “totals” page.
marked “Other.” If there is more than one page, only the grand totals need to be shown,
Total number of FHA, VA, RD and/or PIH mortgages. Record PIH loans in the block 27.
manufactured home units and for all loans other than MH loans, leave blank.
manufactured home and lot loan, enter the letters “ML”. For loans secured only by
For any loan that represents a combination For manufactured home loans only.26.
curtailment must be shown either on the form itself or by separate attachment.
: If a principal curtailment has been applied to the loan, the dollar amount of such Note
description of the manner in which the unpaid balance is calculated.)
Unpaid balance of mortgage. (See Section 9-3(E) of the Ginnie Mae MBS Guide for a 25.
Original principal balance of mortgage. 24.
constant applicable to the payment for the first month the loan is in the pool.)
Monthly principal and interest constant of loan. (For GPM, GEM, and ARM loans, show 23.
Date last payment is due on loan (month-day-year). 22.
twenty months, after which times the interest rate would reset annually.
ARM loan would carry the same interest rate for the first sixty, seventy two or one hundred
interest rate would change annually. Similarly, a five-year, seven-year or ten-year hybrid
ARM loan, for instance, would have a 36 month initial rate period, after which time the
hybrid ARM, and is subsequently followed by an annual rate change A three year hybrid
The interest rate change date is that date which completes the initial rate lock period of a 21.
Date first payment is due on loan (month-day-year). 20.
The date the loan was originated, or note date. 19.
higher than the security margin (for pools and loan packages issued on or after July 1, 2003).
packages issued prior to July 1, 2003) or 25 basis points but not more than 75 basis points
than l50 basis, points higher than the security margin for the pool (for pools and loan
rate adjustments. Each mortgage must have a margin at least 50 basis points, but not more
amount, in basis points, to be added to the published index in establishing mortgage interest
Enter the mortgage margin, which is the Adjustable Rate pools and loan packages only. 18.
Appendix III-7 3 Date: 01/01/2015
1 REV.5500.3,AE MINNIE G
4. Loan Modification – Non-HAMP
3. Loan Modification - HAMP
2. Refinance
1. Purchase
Loan purpose – The type of loan. 37.
7. RD Multi-Family
6. FHA-Title I
5. FHA Multi-Family
4. VA Vendee
3. Single Family RD
2. VA Guaranteed
1. FHA Single Family
A code that identifies the specific type of loan. Loan type code - 36.
of the Final Endorsement Date and the Prepayment Premium Period.
Date cannot be less than the Final Endorsement Date and it cannot be more than the
after the Final Endorsement Date, + 5 years = 01-20-2016). The Prepayment End
Term Date and the Prepayment Premium Period (e.g., 01-20-2011, which is 10 years
premium due. The calculation for this is the expiration of the sum of the Lockout
—The date the mortgage becomes open to prepayment with no Prepayment End Dated.
2016. The prepayment period cannot exceed 01-20-2016).
of 01-20-2001, the Prepayment Premium Period would be 1-20-2011 through 1-20-
10 years with a prepayment premium period of 5 years and a Final Endorsement Date
but only after the expiration of the stated lockout period (i.e., if the Lockout Term is
time when prepayments may be made subject to a percentage prepayment penalty,
premium (penalty), if applicable. The Prepayment Premium Period is the period of
—The time in years the loan is subject to a prepayment Prepayment Premium Periodc.
Endorsement Date and the Lockout Term.
Final Endorsement Date and cannot be more than the sum of the Final
term of 10 years = 01-20-2011). The Lockout End Date cannot be less than the
this will be a future date (e.g., Final Endorsement Date of 01-20-2001 + Lockout
The calculation for this is Final Endorsement Date + Lockout Term; . prepayment
Lockout End Date—The date until which the mortgage is locked out from b.
accelerated payments of principal.
applicable. It identifies to the Issuer the period of time that the loan cannot have
Lockout Term—The time in years the loan is locked out from prepayment, if a.
For Multifamily Use Only:35.
The full name of the co-borrower of the mortgage, if applicable.Co-borrower 3-34.
The full name of the co-borrower of the mortgage, if applicable.Co-borrower 2-33.
The full name of the co-borrower of the mortgage, if applicable. Co-borrower 1- 32.
Appendix III-7 4 Date: 01/01/2015
1 REV.5500.3,AE MINNIE G
only)
partial payment of an installment, that has been collected on the mortgage. (Single family
Last Paid Installment (LPI) Due Date -The due date of last paid installment in full, not any 47.
(Single family only)
Streamlined Refinance 3.
Cash Out Refinance 2.
Not Streamlined, Not Cash Out Refinance 1.
Refinance Type - If Loan Purpose (item 35) is a “Refinance”, identify the refinance type:. . 46.
not required by the mortgagor insurer or guarantor, enter “000.00”. (Single family only)
qualifying income as defined by the mortgage insurer or guarantor (AKA Back End Ratio). If
Total Debt Expense Ratio Percent - The ratio of all debts of the borrower to the borrower’s 45.
calculating the LTV.
refinance, a value of zero may be entered. RD loans may use the appraised value when
(non-streamline), the appraised value at the time of refinancing. In the case of a streamlined
property’s sale price or appraised value at origination, or (ii) in the case of a refinance loan
subordinate mortgages to either; (i) in the case of a purchase money loan, the lower of the
Original Principal Balance including any financed mortgage insurance premium plus all
Combined Loan to Value (LTV) Ratio Percent. The ratio (expressed as a percent) of the 44.
value when calculating the LTV.
a streamlined refinance, a value of zero may be entered. RD loans may use the appraised
refinance loan (non-streamline), the appraised value at the time of refinancing. In the case of
the lower of the property’s sale price or appraised value at origination, or (ii) in the case of a
any financed mortgage insurance premium to either; (i) in the case of a purchase money loan,
Loan-to-Value. The ratio (expressed as a percent) of the Original Principal Balance including 43.
Annual Mortgage Insurance Premium (MIP) amount due on FHA loans. 42.
Upfront Mortgage Insurance Premium (MIP) amount due on FHA loans. 41.
Not a buydown loan2.
Buydown loan 1.
Loan Buydown Code - a code indicating whether the loan has a buydown feature. 40.
2. No gift assistance provided to borrower
1. Borrower received gift funds for down payment
Down Payment Assistance Flag – indicates if gift assistance was provided39.
(Single family only).
Acceptable values are 1, 2, 3 or 4 Living units – number of discrete living units. 38.
Appendix III-7 5 Date: 01/01/2015
1 REV.5500.3,AE MINNIE G
Check box if submission is a final certification. 63.
Date of document custodian’s initial certification. 62.
Title of individual signing at 57. 61.
Typed name of individual signing at 57. 60.
Authorized signature of document custodian. 59.
Document custodian ID number assigned by Ginnie Mae. 58.
Complete name and address of document custodian. 57.
Check box if submission is an initial certification. 56.
institutions charge to insure FHA loans.
Annual MIP rate – the annual mortgage insurance premium (MIP) percentage rate that 55.
institutions charge to insure FHA loans.
Upfront MIP rate the upfront mortgage insurance premium (UFMIP) percentage rate that 54.
process specifically taking in the loan application. 1 = Broker, 2 = Correspondent, 3 = Retail.
Third-Party Origination Type specifies the type of party that participated in the origination 53.
homebuyer, as determined by the insuring agency.
First-time Homebuyer Indicator indicates that the borrower qualifies as a first-time 52.
unmodified original note. (Single family only)
modified loan prior to the modification taking place. The maturity date of the loan per the
HAMP” or “Loan Modification non-HAMP” report the original loan maturity date of the
PreModification Loan Maturity Date - If Loan Purpose (item 35) is a “Loan Modification 51.
adjustments. (Single family only)
loans, the unmodified original interest rate per the original note without any interest rate
loan prior to the modification.. The interest rate per the unmodified original note. For ARM
HAMP” or “Loan Modification – non-HAMP” report the original interest rate of the modified
PreModification Interest Rate Percent - If Loan Purpose (item 35) is a “Loan Modification –50.
principal balance (OPB) of the loan per the original note. (Single family only)
principal balance of the modified loan prior to the modification.. The unmodified original
“Loan Modification –HAMP” or “Loan Modification – non-HAMP” report the original
PreModification Original Principal Balance (OPB) Amount - If Loan Purpose (item 35) is a 49.
modification. (Single family only)
scheduled installment due prior to the modification (First Payment Due Date prior to the
Modification –HAMP” or “Loan Modification – non-HAMP” report the original first
PreModification First Installment Due Date - If Loan Purpose (item 35) is a “Loan 48.
Appendix III-7 6 Date: 01/01/2015
1 REV.5500.3,AE MINNIE G
Ginnie Mae II MBS Programs.
PPA, either directly by the document custodian or through the Issuer, under both the Ginnie Mae I and
At both initial and final certification, a complete Schedule of Pooled Mortgages must be submitted to the
printout must have the same format as the form HUD 11706.
HUD 11706 signed by both Issuer and document custodian is attached, listing the totals. The machine
For hard copy submissions, a machine printout giving the required data may be used, provided a form
submissions are automatically generated. NETGinnie
Date of recertification signed by document custodian. 84.
Title of document custodian. 83.
Name of document custodian. 82.
Authorized signature of document custodian. 81.
Document custodian ID number assigned by Ginnie Mae. 80.
Complete name and address of document custodian. 79.
Date recertification signed by Issuer. 78.
Title of individual signing at 73. 77.
Typed name of individual signing at 73. 76.
Authorized signature of current Issuer. 75.
Effective month of transfer. 74.
Issuer ID of buying Issuer. 73.
Name of current or buying Issuer. 72.
Issuer ID of selling Issuer. 71.
Name of prior or selling Issuer. 70.
transfers of Issuer responsibility or custodian transfers.
Nos. 68 through 82 are to be completed only in connection with recertification of pools due to
Date of final certification. 69.
Title of individual signing at 64. 68.
Typed name of individual signing at 64. 67.
Authorized signature of document custodian. 66.
Document custodian ID number assigned by Ginnie Mae. 65.
Complete name and address of document custodian. 64.
Appendix III-7 7 Date: 01/01/2015
Initial Certification Interest RateHighest _____% Lowest ______%
Ginnie Mae Pool/Loan Package NumberWeighted AverageInterest Rate of Mortgages
(Exp.10/31/2019)OMB Approval No. 2503-0033
Government National Mortgage Association
and Urban Development
U.S. Department of Housing
Schedule of Pooled Mortgages
Final Certification Security Issue Date
Index Type: Acceptable Range: Type of ARM Note:AmountNumber
For Adjustable Rate Pools/Loan Packages Only:Total Amount P & IDistribution of All Loans in Pool
Continue Loan Level reporting on page 2
Serial Note (SN) Other Construction Loans (CL/CS)Project Loans (PL/PN/LM/RX/LS)
Ginnie Mae II
Term of Mortgages years % Recertification
Public reporting burden for this collection of information is estimated to average 5 minutes per response, including
the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed,
and completing and reviewing the collection of information. This agency may not collect this information, and you
are not required to complete this form, unless it displays a currently valid OMB control number.
The information requested is required by Sec. 306(g) of the National Housing Act or by Ginnie Mae Handbook 5500.3, Rev. 1.
Name of Issuer Single Family Level Payment Loans (SF/FS) Growing Equity Loans (GA/GD) Manufactured Home Loans (MH) Ginnie Mae I Security/Mortgage Change Date Issuer ID Number
Graduated Payment Loans (GP/GT) Adjustable Rate Loans (ARM) Buydown Loans (BD)
Cap Structure$VA
FHA
Lifetime (+/-) Interest Rate Cap:Other
Subsequent Annual (+/-) Interest Rate Cap:§184
Initial (+/-) Interest Rate Cap:RD
45 Day Look Back
_
30 Day Look BackLookback Period:Total
(ARM)
Margin
Mortgage
Interest Rate
Number
184 Case
FHA-VA-RD
and Zip Code
Address (Street, City State
Address of Property/Site
Mortgagor
Name of
MOM
MIN
Number and
Loan
Issuer’s
(1/2015)HUD-11706ref. Ginnie Mae Handbook 5500.3, Rev.1. formPage ( 1 ) of ( 4 )Previous editions are obsolete; replaces form HUD-11706-M which is obsolete
Loan
Origination
Loan
of
Type
$
Mortgage
of
Balance
Unpaid
$
Balance
Principal
Original
$
(P&I)
Constant
Monthly
Date
Maturity
Change Date
Interest Rate
Payment
Date of First
Date
) Ginnie Mae Pool/Loan Package Number Schedule of Pooled Mortgages
Name of
Full Name
#3
Co-borrower
Full Name
#2
Co-borrower
Full Name
#1
Co-borrower
Number
Security Mortgagor
Credit
Score
Social Lockout
Term
Lockout
End Date
Prepayme
nt
Premium
Period
Prepay
ment
End
Value
Loan to
Amount
MIP
Annual
Amount
MIP
Upfront
Code
Buydown
Loan
Assistance
Payment
Down
Units
Living
Purpose
Loan
Code
Type
Loan
Date
Continue Loan Level reporting on page 3
(1/2015) HUD-11706ref. Ginnie Mae Handbook 5500.3, Rev.1. form Page ( 2 ) of ( 4 ) Previous editions are obsolete; replaces form HUD-11706-M which is obsolete
(5) Ginnie Mae Pool/Loan Package Number Schedule of Pooled Mortgages
Previous editions are obsolete; replaces form HUD-11706-M which is obsolete
MIP Rate
FHA Annual
Rate
UpfrontMIP
FHA
Type
Origination
Third-Party
Indicator
Homebuyer
First Time
Date
Loan Maturity
Pre-Modifcation
Percent
Interest Rate
Pre-Modification
Amount
Balance (OPB)
Original Principal
Pre-Modification
Due Date
First Installment
Pre-Modification
Date
Installment Due
Last Paid Refinance Type
Percent
Expense Ratio
Total Debt
Ratio Percent
Combined LTV
Mortgagor
Name of
Page ( 3 ) of ( 4 ) ref. Ginnie Mae Handbook 5500.3, Rev.1. form HUD-11706 (1/2015)
Date
Title of Custodian (Please Type)
Name of Custodian (Please Type)
Custodian Name and Address (including Zip Code) (Please Type) Custodian No. Authorized Signature of Current Custodian
Date Title (Please Type)
Name (Please Type)
Authorized Signature of current Issuer
The Document Custodian will not be required to maintain or reconcile the form HUD-11708 for loans liquidated prior to and not reported as active loans.
the Pool Master File with the recertification.
not available, the Document Custodian must obtain from the Issuer a written explanation why the original Schedule is missing. The Document Custodian must maintain a copy of the original Schedule or the written explanation for the missing Schedule in
The Document Custodian certifies to the following: (1) It has received the related documents for the loans listed on the attached. (2) It has verified that the loans on the attached were included on the original Schedule of Pooled Mortgages, if available. If
The Issuer certifies that the remaining loan balances conform to the balances reported via the Reporting and Feedback System Monthly Issuer Report of Pool and Loan data.
The attached list of pooled loans represents the pool or loan package principal and the total number of mortgages reported by the Issuer. The month of transfer _____________
Issuer ID No. Current Issuer: (Name of Buyer) Issuer ID No. Prior Issuer: (Name of Seller)
Recertification Using an Updated List of Loans for the Referenced Pool
Date of Final Certification Title (Please Type)
Name (Please Type)
Authorized Signature
Custodian Name and Address (including Zip Code)(Please Type) Custodian No.
Sections 13-4(B) and 32-8 of the Ginnie Mae MBS Guide, Rev. 1 (final certification). For CL and CS pools:
Sections 13-4(B) and 31-10 of the Ginnie Mae MBS Guide, Rev. 1 (final certification). For PL, PN, LM, and LS pools:
Sections 13-4(B) and 30-4(A)(2) of the Ginnie Mae MBS Guide, Rev. 1. For MH Pools:
the Ginnie Mae MBS Guide, Rev. 1.
Section 13-4(B) of For SF, FS, AR, AQ, AT, AF, FT, AS, AX, BD, GP, GT, GA, GD, and SN pools and loan packages:
Guide, Rev. 1.
of this form, have been received and have been determined to satisfy the requirements of the Ginnie Mae MBS
The documents referenced in the applicable sections indicated below, pertaining to the mortgages listed on the front
Custodian’s Certification (Final Certification)
Date of Initial CertificationTitle (Please Type)
Name (Please Type)
Authorized Signature
Custodian Name and Address (including Zip Code)(Please Type) Custodian No.
Sections 13-4(A) and 30-4(A)(1) of the Ginnie Mae MBS Guide, Rev. 1. For MH Pools:
the Ginnie Mae MBS Guide, Rev. 1.
Section 13-4(A) of For SF, FS, AR, AQ, AT, AF, FT, AS, AX, BD, GP, GT, GA, GD, and SN pools and loan packages:
Guide, Rev. 1.
of this form, have been received and have been determined to satisfy the requirements of the Ginnie Mae MBS
The documents referenced in the applicable sections indicated below, pertaining to the mortgages listed on the front
Custodian’s Certification (Initial Certification)
or through the issuer) and provide a signed copy to the issuer. Pursuant to the following, certification may be completed in two stages, “initial” and “final”, except for PL, PN, LM, LS, CL, and CS pools, which are only final certified.
Upon completion of each examination, an authorized official of the custodian will sign the original and the required copies of this form in the space provided and forward the original to Ginnie Mae’s pool processing agent (either directly
a certification from the document custodian that certain required mortgage documents are being held by the document custodian on behalf of Ginnie Mae.
Purpose: To provide a means of identifying and controlling the mortgages that collateralize the designated MBS pools or loan packages. Also provides documents relate to the mortgages identified on the front of this form.
The custodian will review each mortgage or loan file in accordance with the applicable sections of the Ginnie Mae MBS Guide, Rev. 1 to determine that all required documents have been properly executed and received and that such
Instructions for Custodian
(5) Ginnie Mae Pool/Loan Package Number Schedule of Pooled Mortgages
Previous editions are obsolete; replaces form HUD-11706-M which is obsolete Page ( 4 ) of ( 4 ) ref. Ginnie Mae Handbook 5500.3, Rev.1. form HUD-11706 (1/2015)