Ginnie Mae has established several other elec-
tronic commerce efforts to improve customer
service and meet its mission. In a joint effort
with Fannie Mae (FNMA), the Federal Home
Loan Mortgage Corporation (FHLMC), and
the Mortgage Bankers Association (MBA),
Ginnie Mae implemented a web-based appli-
cation to receive lenders quarterly financial
statements.
Ginnie Mae Web Site. The Ginnie Mae web
site continues to provide issuers, homebuyers,
mortgage finance industry participants, secu-
rities investors and other interested parties
with important and timely information about
the Ginnie Mae MBS program. The web site
also provides a variety of information about
Ginnie Mae, its mission, organization and
goals. A search engine facilitates keyword
searches. Important web resources include:
Ginnie Mae annual reports;
All Participants Memos;
Ginnie Mae Mortgage-Backed Securities
Guide 5500.3;
Ginnie Mae Multiclass Securities Guide;
Ginnie Mae Mortgage-Backed Securities
Accounting Manual;
Ginnie Mae REMIC Prospectus
(Offering Circular Supplements);
On-line training materials for Single
Family and Multifamily Issuers, and
Prospective Issuers;
Targeted Lending Inquiries;
Multifamily MBS database;
Mortgage Calculator.
The Electronic Data Interchange Program.
The successful implementation of electronic
data interchange (EDI) for issuers has further
increased Ginnie Maes efficiency and effec-
tiveness in the quarterly investor reporting
process. Issuers that have implemented EDI
can use the same transaction set for investor
reporting to Ginnie Mae, Freddie Mac, and
Fannie Mae. In addition to the reduction of
paper and duplicate reporting requirements,
issuers receive faster feedback on the success
of submissions and information about
problems with reported data before the next
quarterly cycle.
The web-EDI application is available on
Ginnie Maes web site by following the links
from www.ginniemae.gov.
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G i n n i e M a e A n n u a l R e p o r t 2 0 0 1