source:
  type: regulation
  id: gnma-mbs-ch27
  authority: Ginnie Mae MBS Guide (5500.3, Rev. 1) Chapter 27 — Graduated Payment Mortgage Pools And Loan
  description: "Ginnie Mae MBS Guide Chapter 27 (Graduated Payment Mortgage Pools And Loan). New-source fetch +\
    \ gap-fill (verbatim). \n"
obligations:
- id: gnma-mbs-ch27-0
  canonical_id: gnma-mbs-ch27-0
  section: Ginnie Mae MBS Guide Chapter 27 — Graduated Payment Mortgage Pools And Loan
  description: 'Ch.27 Graduated Payment Mortgage Pools And Loan: : 2010-07-01 This chapter describes special requirements
    that apply for a pool or loan package of graduated payment mortgages. The requirements described in this chapter
    may modify, supplement or, in some cases, repeat for the purpose of emphasis those set forth in previous chapt…'
  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 27 — Graduated Payment Mortgage Pools And Loan
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_27.pdf
    snapshot_id: 7e555613940d5cf4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:2d6410d30e2d6db55dda4fafc4989c39f0449fb08b3c65d0e4485f779dc89ea8
    paragraph_quote: ': 2010-07-01 This chapter describes special requirements that apply for a pool or loan package
      of graduated payment mortgages. The requirements described in this chapter may modify, supplement or, in some
      cases, repeat for the purpose of emphasis those set forth in previous chapters with respect to mortgage eligibility,
      pool and loan package requirements, required pool and loan package submission documents, securities marketing
      disclosures, and administering pools and loan packages. The pool suffix is “GP” or “GT”. The two pool types
      may be referred to collectively as “GPM” pools or loan packages. GPM pools can be formed under both the Ginnie
      Mae I MBS Program and the Ginnie Mae II MBS Program. Graduated payment loans are loans on which monthly payments
      increase annually for a period of years. The two GPM pool designations have the following meanings: (1) “GP”
      identifies pools or loan packages of mortgages on which monthly payments increase annually for the first five
      years; and (2) “GT” identifies pools or loan packages of mortgages on which monthly payments increase annually
      for the first ten years.'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 27 PDF, snapshot 7e555613940d5cf4;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch27-1
  canonical_id: gnma-mbs-ch27-1
  section: Ginnie Mae MBS Guide Chapter 27 — Graduated Payment Mortgage Pools And Loan
  description: 'Ch.27 Graduated Payment Mortgage Pools And Loan: MORTGAGE ELIGIBILITY, POOL, AND LOAN PACKAGE REQUIREMENTS
    The mortgage eligibility, pool, and loan package requirements that apply, with limited exceptions, to all pool
    types are found in MBS Guide, Ch. 9. The requirements for SF pools and loan packages found in MBS Guide, Ch.
    24…'
  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 27 — Graduated Payment Mortgage Pools And Loan
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_27.pdf
    snapshot_id: 7e555613940d5cf4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:2d6410d30e2d6db55dda4fafc4989c39f0449fb08b3c65d0e4485f779dc89ea8
    paragraph_quote: MORTGAGE ELIGIBILITY, POOL, AND LOAN PACKAGE REQUIREMENTS The mortgage eligibility, pool, and
      loan package requirements that apply, with limited exceptions, to all pool types are found in MBS Guide, Ch.
      9. The requirements for SF pools and loan packages found in MBS Guide, Ch. 24 also apply for GPM pools and
      loan packages, except as modified by this section. Section A. Mortgage Eligibility Requirements
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 27 PDF, snapshot 7e555613940d5cf4;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch27-2
  canonical_id: gnma-mbs-ch27-2
  section: Ginnie Mae MBS Guide Chapter 27 — Graduated Payment Mortgage Pools And Loan
  description: 'Ch.27 Graduated Payment Mortgage Pools And Loan: : 2010-07-01 All of the following mortgage eligibility
    requirements apply to both GP and GT pools and loan packages. (1) Amortization: The amortization schedule of
    each pooled GPM provides for the deferred payment of a portion of the interest due monthly on the loan during
    its ea…'
  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 27 — Graduated Payment Mortgage Pools And Loan
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_27.pdf
    snapshot_id: 7e555613940d5cf4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:2d6410d30e2d6db55dda4fafc4989c39f0449fb08b3c65d0e4485f779dc89ea8
    paragraph_quote: ': 2010-07-01 All of the following mortgage eligibility requirements apply to both GP and GT
      pools and loan packages. (1) Amortization: The amortization schedule of each pooled GPM provides for the deferred
      payment of a portion of the interest due monthly on the loan during its early years. This deferred monthly
      mortgage interest is recouped through the process of "negative amortization," that is, it is added monthly
      to the remaining principal balance of the mortgage. Deferred monthly mortgage interest is defined as the difference
      between the interest calculated on the outstanding security balance at the mortgage rate minus the scheduled
      payment due on the mortgage. If this amount is positive, it is added to the remaining principal balance of
      the mortgage; if it is negative, it is subtracted from the remaining principal balance of the mortgage.'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 27 PDF, snapshot 7e555613940d5cf4;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch27-3
  canonical_id: gnma-mbs-ch27-3
  section: Ginnie Mae MBS Guide Chapter 27 — Graduated Payment Mortgage Pools And Loan
  description: 'Ch.27 Graduated Payment Mortgage Pools And Loan: A GPM must not require either repayment in equal
    monthly installments during the early years (the first 5 years for GP or 10 years for GT) or the commencement
    of amortization by the month following the issue date of the security. (2) Buydowns: GPM loans are not eligible
    for buydo…'
  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 27 — Graduated Payment Mortgage Pools And Loan
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_27.pdf
    snapshot_id: 7e555613940d5cf4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:2d6410d30e2d6db55dda4fafc4989c39f0449fb08b3c65d0e4485f779dc89ea8
    paragraph_quote: 'A GPM must not require either repayment in equal monthly installments during the early years
      (the first 5 years for GP or 10 years for GT) or the commencement of amortization by the month following the
      issue date of the security. (2) Buydowns: GPM loans are not eligible for buydown consideration. (3) Refinance
      requirements: If a VA GPM loan is refinanced into another GPM loan, a new appraisal is required in order for
      the new loan to be eligible for pooling. If a VA GPM loan is refinanced into a fixed rate loan at a lower
      interest rate and no cash is taken out as a result of the transaction, no new appraisal is required in order
      for the new loan to be eligible for pooling. Section B. Pool and Loan Package Requirements'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 27 PDF, snapshot 7e555613940d5cf4;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch27-4
  canonical_id: gnma-mbs-ch27-4
  section: Ginnie Mae MBS Guide Chapter 27 — Graduated Payment Mortgage Pools And Loan
  description: 'Ch.27 Graduated Payment Mortgage Pools And Loan: : 2010-07-01 (1) Minimum pool and loan package
    balances: As of the date of issue, each GPM custom pool, other than a pool formed pursuant to a BFP, must have
    an original principal amount of at least $500,000. As of the date of issue, each GPM loan package must have
    an original pr…'
  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 27 — Graduated Payment Mortgage Pools And Loan
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_27.pdf
    snapshot_id: 7e555613940d5cf4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:2d6410d30e2d6db55dda4fafc4989c39f0449fb08b3c65d0e4485f779dc89ea8
    paragraph_quote: ': 2010-07-01 (1) Minimum pool and loan package balances: As of the date of issue, each GPM
      custom pool, other than a pool formed pursuant to a BFP, must have an original principal amount of at least
      $500,000. As of the date of issue, each GPM loan package must have an original principal amount of at least
      $25,000. (2) Pool and loan package composition: Subject to MBS Guide, Ch. 27, Part 2, § A(2), a GPM pool or
      loan package must contain only GP mortgages or only GT mortgages.'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 27 PDF, snapshot 7e555613940d5cf4;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch27-5
  canonical_id: gnma-mbs-ch27-5
  section: Ginnie Mae MBS Guide Chapter 27 — Graduated Payment Mortgage Pools And Loan
  description: 'Ch.27 Graduated Payment Mortgage Pools And Loan: REQUIRED DOCUMENTS The procedures and basic document
    requirements for submission of all pools and loan packages are found in MBS Guide, Ch. 10, 11, and 13. Section
    A. For Certification by Document Custodian'
  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 27 — Graduated Payment Mortgage Pools And Loan
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_27.pdf
    snapshot_id: 7e555613940d5cf4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:2d6410d30e2d6db55dda4fafc4989c39f0449fb08b3c65d0e4485f779dc89ea8
    paragraph_quote: REQUIRED DOCUMENTS The procedures and basic document requirements for submission of all pools
      and loan packages are found in MBS Guide, Ch. 10, 11, and 13. Section A. For Certification by Document Custodian
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 27 PDF, snapshot 7e555613940d5cf4;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch27-6
  canonical_id: gnma-mbs-ch27-6
  section: Ginnie Mae MBS Guide Chapter 27 — Graduated Payment Mortgage Pools And Loan
  description: 'Ch.27 Graduated Payment Mortgage Pools And Loan: : 2021-07-28 The loan documents required for initial
    and final certification of a GPM pool or loan package by the document custodian are the same as those discussed
    in MBS Guide, Ch. 13, Part 7. They are summarized in the following table.'
  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 27 — Graduated Payment Mortgage Pools And Loan
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_27.pdf
    snapshot_id: 7e555613940d5cf4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:2d6410d30e2d6db55dda4fafc4989c39f0449fb08b3c65d0e4485f779dc89ea8
    paragraph_quote: ': 2021-07-28 The loan documents required for initial and final certification of a GPM pool
      or loan package by the document custodian are the same as those discussed in MBS Guide, Ch. 13, Part 7. They
      are summarized in the following table.'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 27 PDF, snapshot 7e555613940d5cf4;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch27-7
  canonical_id: gnma-mbs-ch27-7
  section: Ginnie Mae MBS Guide Chapter 27 — Graduated Payment Mortgage Pools And Loan
  description: 'Ch.27 Graduated Payment Mortgage Pools And Loan: , Rev. 1 27-2 ginniemae.gov Document Form Number
    Appendix For Initial Certification Schedule of Pooled Mortgages HUD 11706 III-7 Release of Security Interest,
    executed original, if applicable HUD 11711A III-5 Certification and Agreement, executed original HUD 11711B
    III-5 Origina…'
  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 27 — Graduated Payment Mortgage Pools And Loan
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_27.pdf
    snapshot_id: 7e555613940d5cf4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:2d6410d30e2d6db55dda4fafc4989c39f0449fb08b3c65d0e4485f779dc89ea8
    paragraph_quote: ', Rev. 1 27-2 ginniemae.gov Document Form Number Appendix For Initial Certification Schedule
      of Pooled Mortgages HUD 11706 III-7 Release of Security Interest, executed original, if applicable HUD 11711A
      III-5 Certification and Agreement, executed original HUD 11711B III-5 Original notes (or, in the case of modified
      loans,'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 27 PDF, snapshot 7e555613940d5cf4;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch27-8
  canonical_id: gnma-mbs-ch27-8
  section: Ginnie Mae MBS Guide Chapter 27 — Graduated Payment Mortgage Pools And Loan
  description: 'Ch.27 Graduated Payment Mortgage Pools And Loan: the original notes executed for the modifications)
    or other evidences of indebtedness, endorsed in blank, without recourse'
  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 27 — Graduated Payment Mortgage Pools And Loan
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_27.pdf
    snapshot_id: 7e555613940d5cf4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:2d6410d30e2d6db55dda4fafc4989c39f0449fb08b3c65d0e4485f779dc89ea8
    paragraph_quote: the original notes executed for the modifications) or other evidences of indebtedness, endorsed
      in blank, without recourse
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 27 PDF, snapshot 7e555613940d5cf4;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch27-9
  canonical_id: gnma-mbs-ch27-9
  section: Ginnie Mae MBS Guide Chapter 27 — Graduated Payment Mortgage Pools And Loan
  description: 'Ch.27 Graduated Payment Mortgage Pools And Loan: , Rev. 1 27-3 ginniemae.gov For nonprofit agency
    section 203(k) loans, FHA affordable housing program letters For Final Certification Original recorded mortgages
    (or, in the case of modified loans, the recorded original mortgages, the related original notes, the modification
    agre…'
  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 27 — Graduated Payment Mortgage Pools And Loan
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_27.pdf
    snapshot_id: 7e555613940d5cf4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:2d6410d30e2d6db55dda4fafc4989c39f0449fb08b3c65d0e4485f779dc89ea8
    paragraph_quote: ', Rev. 1 27-3 ginniemae.gov For nonprofit agency section 203(k) loans, FHA affordable housing
      program letters For Final Certification Original recorded mortgages (or, in the case of modified loans, the
      recorded original mortgages, the related original notes, the modification agreements, and any required subordination
      agreements and/or title endorsements) All recorded interim assignments Evidence of good title (e.g., mortgage
      title insurance policy) Evidence of mortgage insurance or guaranty provided by FHA, VA, RD, or PIH (not required
      for manufactured housing). In lieu of an original MIC signed by FHA or LGC signed by VA, electronic confirmation
      from FHA Connection or VA’s TAS is acceptable. Section B. For Approval by PPA and Ginnie Mae'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 27 PDF, snapshot 7e555613940d5cf4;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch27-10
  canonical_id: gnma-mbs-ch27-10
  section: Ginnie Mae MBS Guide Chapter 27 — Graduated Payment Mortgage Pools And Loan
  description: 'Ch.27 Graduated Payment Mortgage Pools And Loan: : 2010-07-01 The GPM pool and loan package documents
    required for approval by Ginnie Mae are the same as those discussed in MBS Guide Ch. 10, Part 3, except as modified
    below. (1) Schedule of Subscribers and Ginnie Mae Guaranty Agreement, form HUD 11705 (Appendix III-6), which
    mu…'
  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 27 — Graduated Payment Mortgage Pools And Loan
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_27.pdf
    snapshot_id: 7e555613940d5cf4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:2d6410d30e2d6db55dda4fafc4989c39f0449fb08b3c65d0e4485f779dc89ea8
    paragraph_quote: ': 2010-07-01 The GPM pool and loan package documents required for approval by Ginnie Mae are
      the same as those discussed in MBS Guide Ch. 10, Part 3, except as modified below. (1) Schedule of Subscribers
      and Ginnie Mae Guaranty Agreement, form HUD 11705 (Appendix III-6), which must indicate in the block “Type
      of Issue” that the pool is to be “X,” “C,” or “M” and in the block “Pool Type” that the securities are to
      be either "GP" or "GT". (2) Schedule of Pooled Mortgages, form HUD 11706 (Appendix III-7), which must list
      in the column for Monthly Constant (P&I), just the fixed installment constant (FIC) applicable to the payment
      for the first month the loan is in the pool or loan package. (3) If a Ginnie Mae I pool or a Ginnie Mae II
      custom pool is submitted in paper submission format, a prospectus, form HUD 11747 (Appendix IV-5) or form
      HUD 11747-II (Appendix IV-22), which must be modified, if appropriate, in accordance with MBS Guide, Ch. 24,
      Part 2, § B(3)(b)(iii). (4) A BFP certification (Appendix III-12) if required pursuant to MBS Guide, Ch. 27,
      Part 2 and Ch. 24, Part 2, § B(2). The following table lists the pool and loan package documents required
      by the PPA for approval of GPM pools and loan packages.'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 27 PDF, snapshot 7e555613940d5cf4;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch27-11
  canonical_id: gnma-mbs-ch27-11
  section: Ginnie Mae MBS Guide Chapter 27 — Graduated Payment Mortgage Pools And Loan
  description: 'Ch.27 Graduated Payment Mortgage Pools And Loan: , Rev. 1 27-4 ginniemae.gov Document Name Form
    Number Appendix Schedule of Subscribers and Ginnie Mae Guaranty Agreement HUD 11705 III-6 Schedule of Pooled
    Mortgages HUD 11706 III-7 Master Servicing Agreement HUD 11707 III-1 Master Agreement for Servicer''s Principal
    and Interest …'
  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 27 — Graduated Payment Mortgage Pools And Loan
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_27.pdf
    snapshot_id: 7e555613940d5cf4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:2d6410d30e2d6db55dda4fafc4989c39f0449fb08b3c65d0e4485f779dc89ea8
    paragraph_quote: ', Rev. 1 27-4 ginniemae.gov Document Name Form Number Appendix Schedule of Subscribers and
      Ginnie Mae Guaranty Agreement HUD 11705 III-6 Schedule of Pooled Mortgages HUD 11706 III-7 Master Servicing
      Agreement HUD 11707 III-1 Master Agreement for Servicer''s Principal and Interest Custodial Account HUD 11709
      III-2 Master Agreement for Servicer''s Escrow Custodial Account HUD 11720 III-3 Master Custodial Agreement
      HUD 11715 III-4 Prospectus (for Ginnie Mae I pool and Ginnie Mae II custom pools submitted in paper format)
      HUD 11747 or 11747-II IV-5 or IV-22 BFP certification, if required III-12 Section C. To Be Maintained by Issuer'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 27 PDF, snapshot 7e555613940d5cf4;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch27-12
  canonical_id: gnma-mbs-ch27-12
  section: Ginnie Mae MBS Guide Chapter 27 — Graduated Payment Mortgage Pools And Loan
  description: 'Ch.27 Graduated Payment Mortgage Pools And Loan: : 2010-07-01 Graduated Payment Mortgage or Growing
    Equity Mortgage Pool or Loan Package Composition, form HUD 11748-A (Appendix VI-6). This pool or loan package
    composition listing provides the Issuer the information needed to determine the monthly fixed installment control
    for t…'
  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 27 — Graduated Payment Mortgage Pools And Loan
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_27.pdf
    snapshot_id: 7e555613940d5cf4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:2d6410d30e2d6db55dda4fafc4989c39f0449fb08b3c65d0e4485f779dc89ea8
    paragraph_quote: ': 2010-07-01 Graduated Payment Mortgage or Growing Equity Mortgage Pool or Loan Package Composition,
      form HUD 11748-A (Appendix VI-6). This pool or loan package composition listing provides the Issuer the information
      needed to determine the monthly fixed installment control for the pool or loan package at any future date.'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 27 PDF, snapshot 7e555613940d5cf4;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch27-13
  canonical_id: gnma-mbs-ch27-13
  section: Ginnie Mae MBS Guide Chapter 27 — Graduated Payment Mortgage Pools And Loan
  description: 'Ch.27 Graduated Payment Mortgage Pools And Loan: THE SECURITIES AND MARKETING DISCLOSURE Preparation
    and delivery of the securities through the depository are described in MBS Guide, Ch. 12. The text of GPM securities
    held in certificated form is set forth in Appendix IV-11 for the Ginnie Mae I MBS Program and Appendix IV-25
    fo…'
  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 27 — Graduated Payment Mortgage Pools And Loan
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_27.pdf
    snapshot_id: 7e555613940d5cf4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:2d6410d30e2d6db55dda4fafc4989c39f0449fb08b3c65d0e4485f779dc89ea8
    paragraph_quote: THE SECURITIES AND MARKETING DISCLOSURE Preparation and delivery of the securities through
      the depository are described in MBS Guide, Ch. 12. The text of GPM securities held in certificated form is
      set forth in Appendix IV-11 for the Ginnie Mae I MBS Program and Appendix IV-25 for the Ginnie Mae II MBS
      Program. A partial statement of the terms of GPM securities held in uncertificated form is set forth in Appendix
      IV- 17 for the Ginnie Mae I MBS Program and Appendix IV-27 for the Ginnie Mae II MBS Program. This section
      describes additional information about, and requirements for, securities backed by GPM pools. Section A. Negative
      Amortization
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 27 PDF, snapshot 7e555613940d5cf4;
      substring-verified. New-source fetch.
  judgment: false
