Ginnie Mae has announced that it will soon release enhanced disclosure information on its Home Equity Conversion Mortgage (HECM) securities program. Ginnie Mae’s HECM securities program supports a growing number of government-insured reverse mortgages, an important financial solution for many seniors. For Ginnie Mae HECM pools, the additional disclosure information will include the number of HECM Saver loans and their remaining principal balance (RPB). Ginnie Mae will also disclose the HECM Saver RPB as a percentage of the total HECM RPB. The new disclosure information is aimed at helping investors better predict the performance of the underlying mortgage collateral and evaluate the performance of HECM Saver loans relative to that of standard HECM loans. “Investors will certainly appreciate the additional information, but ultimately consumers should benefit the most from the more robust disclosures especially in terms of lower financing costs,” said Ginnie Mae President Ted Tozer. “We believe more detailed and timely disclosure information on this segment of the market should enhance investors’ ability to assess the performance of these securities and allow Issuers to sell their loans into the secondary market for better prices.” For more than 40 years, the industry has turned to the stability of the Ginnie Mae mortgage-backed security (MBS), allowing Ginnie Mae to provide homeownership opportunities for millions of Americans. Ginnie Mae securitizes loans insured or guaranteed by the Federal Housing Administration (FHA), the Department of Veterans Affairs, the Department of Agriculture’s Rural Development, and the Department of Housing and Urban Development's Office of Public and Indian Housing. For more information, visit www.ginniemae.gov.