source:
  type: regulation
  id: gnma-mbs-ch22
  authority: Ginnie Mae MBS Guide (5500.3, Rev. 1) Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools
  description: "Ginnie Mae MBS Guide Chapter 22 (Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools). New-source\
    \ fetch + gap-fill (verbatim). \n"
obligations:
- id: gnma-mbs-ch22-0
  canonical_id: gnma-mbs-ch22-0
  section: Ginnie Mae MBS Guide Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools
  description: 'Ch.22 Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools: : 2013-08-01 This chapter describes
    the procedure that an Issuer must use to convert a Ginnie Mae I pool to a Ginnie Mae II pool. Once the conversion
    is complete the Issuer will be subject to a new Guaranty Agreement, and the security holders will hold Ginnie
    Mae II MBS instead o…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - gnma-mbs-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Ginnie Mae MBS Guide (5500.3, Rev. 1) Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii
      Pools
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_22.pdf
    snapshot_id: 7d5ae82140cfdcda
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:b08505cda74bb42fe6314519078aa3930e9005e69d7b8256f3fb6fcd301f7c85
    paragraph_quote: ': 2013-08-01 This chapter describes the procedure that an Issuer must use to convert a Ginnie
      Mae I pool to a Ginnie Mae II pool. Once the conversion is complete the Issuer will be subject to a new Guaranty
      Agreement, and the security holders will hold Ginnie Mae II MBS instead of Ginnie Mae I MBS.'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 22 PDF, snapshot 7d5ae82140cfdcda;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch22-1
  canonical_id: gnma-mbs-ch22-1
  section: Ginnie Mae MBS Guide Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools
  description: 'Ch.22 Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools: : 2013-08-01 In order to be eligible
    to convert a Ginnie Mae I pool to a Ginnie Mae II pool, an Issuer (A) must be the Issuer of record for the pool
    to be converted and (B) must have filed with Ginnie Mae’s Office of Issuer & Portfolio Management (see Addresses)
    the documents des…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - gnma-mbs-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Ginnie Mae MBS Guide (5500.3, Rev. 1) Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii
      Pools
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_22.pdf
    snapshot_id: 7d5ae82140cfdcda
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:b08505cda74bb42fe6314519078aa3930e9005e69d7b8256f3fb6fcd301f7c85
    paragraph_quote: ': 2013-08-01 In order to be eligible to convert a Ginnie Mae I pool to a Ginnie Mae II pool,
      an Issuer (A) must be the Issuer of record for the pool to be converted and (B) must have filed with Ginnie
      Mae’s Office of Issuer & Portfolio Management (see Addresses) the documents described in MBS Guide, Ch. 7,
      Part 4 § B.'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 22 PDF, snapshot 7d5ae82140cfdcda;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch22-2
  canonical_id: gnma-mbs-ch22-2
  section: Ginnie Mae MBS Guide Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools
  description: 'Ch.22 Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools: : 2013-08-01 Only SF, GPM, GEM, and
    MH pools are eligible for conversion, and the resulting Ginnie Mae II pool must be a custom pool. Section B.
    Final Certification'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - gnma-mbs-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Ginnie Mae MBS Guide (5500.3, Rev. 1) Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii
      Pools
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_22.pdf
    snapshot_id: 7d5ae82140cfdcda
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:b08505cda74bb42fe6314519078aa3930e9005e69d7b8256f3fb6fcd301f7c85
    paragraph_quote: ': 2013-08-01 Only SF, GPM, GEM, and MH pools are eligible for conversion, and the resulting
      Ginnie Mae II pool must be a custom pool. Section B. Final Certification'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 22 PDF, snapshot 7d5ae82140cfdcda;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch22-3
  canonical_id: gnma-mbs-ch22-3
  section: Ginnie Mae MBS Guide Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools
  description: 'Ch.22 Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools: : 2013-08-01 Only pools for which final
    certification has been received are eligible for conversion. Section C. Identical Interest Rates'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - gnma-mbs-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Ginnie Mae MBS Guide (5500.3, Rev. 1) Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii
      Pools
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_22.pdf
    snapshot_id: 7d5ae82140cfdcda
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:b08505cda74bb42fe6314519078aa3930e9005e69d7b8256f3fb6fcd301f7c85
    paragraph_quote: ': 2013-08-01 Only pools for which final certification has been received are eligible for conversion.
      Section C. Identical Interest Rates'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 22 PDF, snapshot 7d5ae82140cfdcda;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch22-4
  canonical_id: gnma-mbs-ch22-4
  section: Ginnie Mae MBS Guide Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools
  description: 'Ch.22 Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools: : 2013-08-01 The securities related
    to the resulting Ginnie Mae II pool must bear the same interest rate as the securities related to the converted
    Ginnie Mae I pool. Section D. Pooling Method'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - gnma-mbs-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Ginnie Mae MBS Guide (5500.3, Rev. 1) Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii
      Pools
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_22.pdf
    snapshot_id: 7d5ae82140cfdcda
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:b08505cda74bb42fe6314519078aa3930e9005e69d7b8256f3fb6fcd301f7c85
    paragraph_quote: ': 2013-08-01 The securities related to the resulting Ginnie Mae II pool must bear the same
      interest rate as the securities related to the converted Ginnie Mae I pool. Section D. Pooling Method'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 22 PDF, snapshot 7d5ae82140cfdcda;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch22-5
  canonical_id: gnma-mbs-ch22-5
  section: Ginnie Mae MBS Guide Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools
  description: 'Ch.22 Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools: : 2013-08-01 Both concurrent dates and
    internal reserve Ginnie Mae I pools may be converted, and the Issuer will continue to use the same pooling method
    in administering the resulting Ginnie Mae II pool that was used in administering the converted Ginnie Mae I
    pool. Thus, if a Gi…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - gnma-mbs-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Ginnie Mae MBS Guide (5500.3, Rev. 1) Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii
      Pools
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_22.pdf
    snapshot_id: 7d5ae82140cfdcda
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:b08505cda74bb42fe6314519078aa3930e9005e69d7b8256f3fb6fcd301f7c85
    paragraph_quote: ': 2013-08-01 Both concurrent dates and internal reserve Ginnie Mae I pools may be converted,
      and the Issuer will continue to use the same pooling method in administering the resulting Ginnie Mae II pool
      that was used in administering the converted Ginnie Mae I pool. Thus, if a Ginnie Mae I internal reserve pool
      converts to a Ginnie Mae II pool, the pool will remain an internal reserve pool.'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 22 PDF, snapshot 7d5ae82140cfdcda;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch22-6
  canonical_id: gnma-mbs-ch22-6
  section: Ginnie Mae MBS Guide Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools
  description: 'Ch.22 Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools: : 2013-08-01 Ginnie Mae II MBS issued
    in connection with a conversion are regarded as having been reissued as of the first day of the month in which
    the conversion request and accompanying documents are submitted to Ginnie Mae in accordance with MBS Guide,
    Ch. 22, Parts 7 and 8. …'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - gnma-mbs-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Ginnie Mae MBS Guide (5500.3, Rev. 1) Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii
      Pools
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_22.pdf
    snapshot_id: 7d5ae82140cfdcda
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:b08505cda74bb42fe6314519078aa3930e9005e69d7b8256f3fb6fcd301f7c85
    paragraph_quote: ': 2013-08-01 Ginnie Mae II MBS issued in connection with a conversion are regarded as having
      been reissued as of the first day of the month in which the conversion request and accompanying documents
      are submitted to Ginnie Mae in accordance with MBS Guide, Ch. 22, Parts 7 and 8. This reissue date is the
      effective date of the conversion. The original principal amount of the'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 22 PDF, snapshot 7d5ae82140cfdcda;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch22-7
  canonical_id: gnma-mbs-ch22-7
  section: Ginnie Mae MBS Guide Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools
  description: 'Ch.22 Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools: Ginnie Mae II MBS upon reissue will
    equal the remaining principal balance of the securities related to the converted Ginnie Mae I pool as of the
    effective date of the conversion.'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - gnma-mbs-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Ginnie Mae MBS Guide (5500.3, Rev. 1) Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii
      Pools
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_22.pdf
    snapshot_id: 7d5ae82140cfdcda
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:b08505cda74bb42fe6314519078aa3930e9005e69d7b8256f3fb6fcd301f7c85
    paragraph_quote: Ginnie Mae II MBS upon reissue will equal the remaining principal balance of the securities
      related to the converted Ginnie Mae I pool as of the effective date of the conversion.
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 22 PDF, snapshot 7d5ae82140cfdcda;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch22-8
  canonical_id: gnma-mbs-ch22-8
  section: Ginnie Mae MBS Guide Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools
  description: 'Ch.22 Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools: : 2013-08-01 Each holder of securities
    related to the Ginnie Mae I pool that the Issuer proposes to convert must provide to the Issuer an Investor
    Conversion Consent (see Appendix X-1) and, if its securities are held in certificated form, submit them for
    cancellation. The Issuer …'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - gnma-mbs-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Ginnie Mae MBS Guide (5500.3, Rev. 1) Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii
      Pools
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_22.pdf
    snapshot_id: 7d5ae82140cfdcda
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:b08505cda74bb42fe6314519078aa3930e9005e69d7b8256f3fb6fcd301f7c85
    paragraph_quote: ': 2013-08-01 Each holder of securities related to the Ginnie Mae I pool that the Issuer proposes
      to convert must provide to the Issuer an Investor Conversion Consent (see Appendix X-1) and, if its securities
      are held in certificated form, submit them for cancellation. The Issuer is responsible for obtaining the consents
      and any certificated securities on a schedule consistent with the document submission requirements of MBS
      Guide, Ch. 22, Parts 7 and 8.'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 22 PDF, snapshot 7d5ae82140cfdcda;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch22-9
  canonical_id: gnma-mbs-ch22-9
  section: Ginnie Mae MBS Guide Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools
  description: 'Ch.22 Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools: : 2013-08-01 Each new Ginnie Mae II
    custom pool that results from a conversion will have a pool number containing the same numerals as the converted
    Ginnie Mae I pool. If the pool number of the converted Ginnie Mae I pool contains fewer than six numerals, they
    will be preceded by…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - gnma-mbs-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Ginnie Mae MBS Guide (5500.3, Rev. 1) Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii
      Pools
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_22.pdf
    snapshot_id: 7d5ae82140cfdcda
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:b08505cda74bb42fe6314519078aa3930e9005e69d7b8256f3fb6fcd301f7c85
    paragraph_quote: ': 2013-08-01 Each new Ginnie Mae II custom pool that results from a conversion will have a
      pool number containing the same numerals as the converted Ginnie Mae I pool. If the pool number of the converted
      Ginnie Mae I pool contains fewer than six numerals, they will be preceded by sufficient zeros to produce a
      total of six numerals in the Ginnie Mae II pool number. The letter “C” will appear immediately following the
      six numerals and just before the pool type suffix.'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 22 PDF, snapshot 7d5ae82140cfdcda;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch22-10
  canonical_id: gnma-mbs-ch22-10
  section: Ginnie Mae MBS Guide Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools
  description: 'Ch.22 Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools: : 2013-08-01 The Issuer must prepare
    and deliver to the PPA (see Addresses) in paper submission format all required documentation, which is described
    in MBS Guide, Ch. 22, Part 8. The documents must be delivered to the PPA not later than the 16th calendar day
    of a month in order …'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - gnma-mbs-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Ginnie Mae MBS Guide (5500.3, Rev. 1) Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii
      Pools
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_22.pdf
    snapshot_id: 7d5ae82140cfdcda
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:b08505cda74bb42fe6314519078aa3930e9005e69d7b8256f3fb6fcd301f7c85
    paragraph_quote: ': 2013-08-01 The Issuer must prepare and deliver to the PPA (see Addresses) in paper submission
      format all required documentation, which is described in MBS Guide, Ch. 22, Part 8. The documents must be
      delivered to the PPA not later than the 16th calendar day of a month in order for the conversion to be effective
      as of the first day of that month. If there are any defects in the documentation that are not corrected by
      the 16th calendar day of the month, the pool may be converted effective the first day of the following calendar
      month provided that complete documentation is submitted by the 16th calendar day of that calendar month. No
      additional commitment to guarantee securities is required from Ginnie Mae in connection with a conversion.
      The conversion is effected by obtaining the unanimous consent of the security holders of the Ginnie Mae I
      MBS and, following the submission by the Issuer and approval of the required documents, the issuance of Ginnie
      Mae II MBS. Ginnie Mae I MBS held in book-entry form will be replaced with new Ginnie Mae II MBS that are
      registered in the name of the depository and delivered to the depository, using the procedures described in
      MBS Guide, Ch. 12, Part 6, § A(1) and B. Ginnie Mae I MBS held in certificated form by security holders and
      delivered to the CPTA by the Issuer will be replaced with new, certificated Ginnie Mae II MBS that are registered
      in the security holders’ names and delivered to the security holders using the procedures described in MBS
      Guide, Ch. 12, Part 6, § A(3) and D. If the documentation submitted by the Issuer by the 16th calendar day
      of a month is complete, the PPA will instruct the CPTA to prepare the appropriate Ginnie Mae II securities
      and have them ready for delivery to the depository or other security holder, as appropriate, during the calendar
      month in which the documents are received. The CPTA will telephone the Issuer when the reissued securities
      are ready for delivery. If a security holder prefers not to relinquish its certificate prior to receipt of
      the replacement certificate, the CPTA will accept delivery of the Ginnie Mae I MBS certificate in exchange
      for the Ginnie Mae II MBS certificate at the time the Ginnie Mae I MBS certificate is delivered by the'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 22 PDF, snapshot 7d5ae82140cfdcda;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch22-11
  canonical_id: gnma-mbs-ch22-11
  section: Ginnie Mae MBS Guide Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools
  description: 'Ch.22 Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools: security holder. The security holder
    should make advance arrangements for the exchange by contacting the CPTA (see Addresses) at least five business
    days prior to the anticipated delivery date of the Ginnie Mae II MBS certificate. If the security holder wishes
    to make such an arr…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - gnma-mbs-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Ginnie Mae MBS Guide (5500.3, Rev. 1) Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii
      Pools
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_22.pdf
    snapshot_id: 7d5ae82140cfdcda
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:b08505cda74bb42fe6314519078aa3930e9005e69d7b8256f3fb6fcd301f7c85
    paragraph_quote: security holder. The security holder should make advance arrangements for the exchange by contacting
      the CPTA (see Addresses) at least five business days prior to the anticipated delivery date of the Ginnie
      Mae II MBS certificate. If the security holder wishes to make such an arrangement, the Issuer must state that
      fact in a letter to the PPA.
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 22 PDF, snapshot 7d5ae82140cfdcda;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch22-12
  canonical_id: gnma-mbs-ch22-12
  section: Ginnie Mae MBS Guide Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools
  description: 'Ch.22 Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools: : 2013-08-01 The Issuer must submit
    to the PPA (see Addresses) in paper submission format, the following documents for each Ginnie Mae I pool that
    it wishes to convert: (1) Investor Conversion Consent (Appendix X-1) from each security holder. If the securities
    are held in book-en…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - gnma-mbs-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Ginnie Mae MBS Guide (5500.3, Rev. 1) Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii
      Pools
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_22.pdf
    snapshot_id: 7d5ae82140cfdcda
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:b08505cda74bb42fe6314519078aa3930e9005e69d7b8256f3fb6fcd301f7c85
    paragraph_quote: ': 2013-08-01 The Issuer must submit to the PPA (see Addresses) in paper submission format,
      the following documents for each Ginnie Mae I pool that it wishes to convert: (1) Investor Conversion Consent
      (Appendix X-1) from each security holder. If the securities are held in book-entry form, the conversion must
      have the depository’s approval. (2) Issuer Conversion Request (Appendix X-2), listing the pool number of the
      pool to be converted. (3) If the Issuer has not previously designated a central P&I custodial account for
      use in connection with Ginnie Mae II pools, an ACH Debit Authorization, form HUD 11709-A (Appendix I-6). (4)
      Issuer’s Monthly Accounting Report, form HUD 11710-A (Appendix VI-4) for the current month for the Ginnie
      Mae I pool to be converted, reporting on the Issuer’s most recently concluded reporting month. (5) Unless
      funds have already been made available by the Issuer for the payment of the monthly guaranty fee, a check
      payable to Ginnie Mae for the Ginnie Mae guaranty fee for the month of conversion for the Ginnie Mae I pool
      to be converted. (6) Schedule of Subscribers and Ginnie Mae Guaranty Agreement, form HUD 11705 (Appendix III-6).
      By executing this document, the Issuer and Ginnie Mae agree to terminate the Guaranty Agreement in effect
      with respect to the Ginnie Mae I pool and enter into the appropriate Guaranty Agreement for the resulting
      Ginnie Mae II pool. With respect to securities held in certificated form by security holders, the Schedule
      of Subscribers must list the same registered holders who are shown as owners of the Ginnie Mae I MBS certificates
      that are submitted for cancellation, unless a request for an exchange or assignment to a new security holder,
      complying with MBS Guide, Ch. 12, Part 9, is also submitted by the Issuer. Absent such an exchange or assignment,
      the original principal amount of each such security holder’s new Ginnie Mae II MBS certificate will equal
      the remaining principal balance of the converted Ginnie Mae I MBS certificate. In this connection, the issuance
      of a new Ginnie Mae II MBS certificate in a denomination of less than $25,000 is permissible, notwithstanding
      MBS Guide, Ch. 1, Part 7. It is also permissible in connection with a conversion for the aggregate remaining
      principal balance of the pool supporting the new Ginnie Mae II MBS to be less than the minimum amount specified
      for a new pool of the same type in MBS Guide, Ch. 24 through 30. When new Ginnie Mae II MBS are to be issued
      in book-entry form, the Schedule of Subscribers must list the depository participants that will take delivery
      of the securities on behalf of the investors involved. The aggregate original principal amount of the new'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 22 PDF, snapshot 7d5ae82140cfdcda;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch22-13
  canonical_id: gnma-mbs-ch22-13
  section: Ginnie Mae MBS Guide Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools
  description: 'Ch.22 Converting Ginnie Mae I Pools To Ginnie Mae Ii Pools: Ginnie Mae II MBS delivered to the depository
    must equal the remaining principal balance of the converted Ginnie Mae I MBS submitted by the depository. (7)
    Scheduled of Pooled Mortgages, form HUD 11706 (Appendix III-7). An updated version of the Scheduled of Pooled
    Mortgages used…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - gnma-mbs-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Ginnie Mae MBS Guide (5500.3, Rev. 1) Chapter 22 — Converting Ginnie Mae I Pools To Ginnie Mae Ii
      Pools
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_22.pdf
    snapshot_id: 7d5ae82140cfdcda
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:b08505cda74bb42fe6314519078aa3930e9005e69d7b8256f3fb6fcd301f7c85
    paragraph_quote: 'Ginnie Mae II MBS delivered to the depository must equal the remaining principal balance of
      the converted Ginnie Mae I MBS submitted by the depository. (7) Scheduled of Pooled Mortgages, form HUD 11706
      (Appendix III-7). An updated version of the Scheduled of Pooled Mortgages used in forming the related Ginnie
      Mae I pool must be submitted. The Issuer must line through loans that have been liquidated and enter revised
      totals on the Schedule of Pooled Mortgages. In the alternative, a new Schedule of Pooled Mortgages may be
      submitted, but in this case a copy of the Schedule of Pooled Mortgages used in forming the pool must be attached
      to the new form. (8) Certificates, if any, representing all outstanding, certificated Ginnie Mae I MBS. (a)
      For securities in certificated form: The documents must be accompanied by the certificated securities. If
      a reissued Ginnie Mae II security is to be issued to the same security holder, the security holder may wish
      to inscribe on the reverse of the Ginnie Mae I certificate the following: “This certificate is surrendered
      for the sole purpose of cancellation and issuance of a new certificate under the Ginnie Mae II MBS Program.”
      (b) For securities held in book-entry form: Upon approval of the conversion by the depository, the depository
      will deliver the book-entry securities to the CPTA electronically. (9) A transfer fee of $15.00 in the form
      of a check payable to Ginnie Mae for each Ginnie Mae II certificate to be prepared. (10) A prospectus for
      the Ginnie Mae II MBS. (11) If the Issuer plans to designate a new document custodian, transfer servicing
      of the converted pool to a subcontract servicer, or establish one or more new accounts in connection with
      the conversion, the documents required by MBS Guide, Ch. 21, Parts 3, 4, or 7, as applicable.'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 22 PDF, snapshot 7d5ae82140cfdcda;
      substring-verified. New-source fetch.
  judgment: false
