source:
  type: regulation
  id: gnma-mbs-ch34
  authority: Ginnie Mae MBS Guide (5500.3, Rev. 1) Chapter 34 — Special Assistance Programs
  description: "Ginnie Mae MBS Guide Chapter 34 (Special Assistance Programs). New-source fetch + gap-fill (verbatim).\
    \ \n"
obligations:
- id: gnma-mbs-ch34-0
  canonical_id: gnma-mbs-ch34-0
  section: Ginnie Mae MBS Guide Chapter 34 — Special Assistance Programs
  description: 'Ch.34 Special Assistance Programs: : 2017-10-04 From time to time, Ginnie Mae may offer special
    assistance to Issuers in connection with initiatives by the President of the United States, the Congress, or
    Federal agencies. This chapter describes the special assistance programs offered by Ginnie Mae and the terms
    a…'
  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 34 — Special Assistance Programs
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_34.pdf
    snapshot_id: 985eab4dff653319
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:a4ebb944d8f7ad1a4c4ff063c1f832b493cc6128fac53bb3cf919221bce2749d
    paragraph_quote: ': 2017-10-04 From time to time, Ginnie Mae may offer special assistance to Issuers in connection
      with initiatives by the President of the United States, the Congress, or Federal agencies. This chapter describes
      the special assistance programs offered by Ginnie Mae and the terms and conditions under which such programs
      are made available to eligible Issuers.'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 34 PDF, snapshot 985eab4dff653319;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch34-1
  canonical_id: gnma-mbs-ch34-1
  section: Ginnie Mae MBS Guide Chapter 34 — Special Assistance Programs
  description: 'Ch.34 Special Assistance Programs: DISASTER ASSISTANCE PROGRAMS Under the Robert T. Stafford Disaster
    Relief and Emergency Assistance Act (the Stafford Act), the President has the authority to declare a major disaster
    for any area that has been affected by damage of sufficient severity and magnitude to warrant maj…'
  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 34 — Special Assistance Programs
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_34.pdf
    snapshot_id: 985eab4dff653319
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:a4ebb944d8f7ad1a4c4ff063c1f832b493cc6128fac53bb3cf919221bce2749d
    paragraph_quote: DISASTER ASSISTANCE PROGRAMS Under the Robert T. Stafford Disaster Relief and Emergency Assistance
      Act (the Stafford Act), the President has the authority to declare a major disaster for any area that has
      been affected by damage of sufficient severity and magnitude to warrant major disaster assistance. When the
      President declares a major disaster, Ginnie Mae may, at its sole discretion, extend to Issuers one or more
      of the Disaster Assistance Programs identified in this MBS Guide, Ch. 34, Part 2. Ginnie Mae will announce
      through an All Participants Memorandum (APM) if Disaster Assistance Programs will be made available for a
      given major disaster as well as the expiration date for each program. These disaster assistance programs are
      not available until authorized by a Disaster APM. Section A. Definitions
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 34 PDF, snapshot 985eab4dff653319;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch34-2
  canonical_id: gnma-mbs-ch34-2
  section: Ginnie Mae MBS Guide Chapter 34 — Special Assistance Programs
  description: 'Ch.34 Special Assistance Programs: : 2017-10-04 For purposes of the Disaster Assistance Programs
    identified in this chapter, the following definitions shall apply. “Eligible Loan” means any single-family forward
    mortgage loan for which (1) the property securing the loan is located within a Designated Disaster Area…'
  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 34 — Special Assistance Programs
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_34.pdf
    snapshot_id: 985eab4dff653319
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:a4ebb944d8f7ad1a4c4ff063c1f832b493cc6128fac53bb3cf919221bce2749d
    paragraph_quote: ': 2017-10-04 For purposes of the Disaster Assistance Programs identified in this chapter,
      the following definitions shall apply. “Eligible Loan” means any single-family forward mortgage loan for which
      (1) the property securing the loan is located within a Designated Disaster Area, or (2) for which the borrower
      is experiencing economic hardship related to the designated disaster, as established by the underlying federal
      insuring or guaranteeing agency, including loans secured by properties outside a Designated Disaster Area.
      “Eligible Month” means any month in which one or more of the Disaster Assistance Programs detailed in this
      MBS Guide, Ch. 34, Part 2 are available as described in the applicable Disaster APM. “Designated Disaster
      Area” means the geographic region covered by a presidential declaration under the Stafford Act of a major
      disaster, also referred to as Presidentially-Declared Major Disaster Areas (PDMDA) that is the subject of
      a Disaster APM. For each PDMDA, Issuers may contact the Federal Emergency Management Agency (FEMA) to obtain
      information on the related counties and their corresponding declaration dates. This PDMDA information may
      be obtained directly from the FEMA website at www.fema.gov/disasters or by contacting their local FEMA office.
      “Disaster APM” means an All Participants Memorandum that identifies the Presidential disaster declaration(s)
      underlying Ginnie Mae’s decision to activate and implement its Disaster Assistance Program(s), the specific
      Disaster Assistance Program(s) that will be made available for such disaster(s), and the expiration date for
      each Disaster Assistance Program.'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 34 PDF, snapshot 985eab4dff653319;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch34-3
  canonical_id: gnma-mbs-ch34-3
  section: Ginnie Mae MBS Guide Chapter 34 — Special Assistance Programs
  description: 'Ch.34 Special Assistance Programs: “Qualifying Portfolio” means, an Issuer’s Ginnie Mae loan portfolio
    if five percent (5%) or more of its unpaid pool principal balance corresponds to loans located within the Designated
    Disaster Area, based on an Issuer’s most recent report of pool, loan package, and loan data in …'
  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 34 — Special Assistance Programs
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_34.pdf
    snapshot_id: 985eab4dff653319
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:a4ebb944d8f7ad1a4c4ff063c1f832b493cc6128fac53bb3cf919221bce2749d
    paragraph_quote: “Qualifying Portfolio” means, an Issuer’s Ginnie Mae loan portfolio if five percent (5%) or
      more of its unpaid pool principal balance corresponds to loans located within the Designated Disaster Area,
      based on an Issuer’s most recent report of pool, loan package, and loan data in Ginnie Mae’s Reporting and
      Feedback System (“RFS”). Section B. Disaster Relief Loan Buyout Authority Program
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 34 PDF, snapshot 985eab4dff653319;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch34-4
  canonical_id: gnma-mbs-ch34-4
  section: Ginnie Mae MBS Guide Chapter 34 — Special Assistance Programs
  description: 'Ch.34 Special Assistance Programs: : 2017-10-04 Program Description. The Disaster Relief Loan Buyout
    Authority Program enables Issuers to buy out eligible loans, subject to Ginnie Mae approval, even if the loans
    are not delinquent, or do not otherwise meet the conditions for a buyout detailed under Ginnie Mae’s st…'
  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 34 — Special Assistance Programs
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_34.pdf
    snapshot_id: 985eab4dff653319
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:a4ebb944d8f7ad1a4c4ff063c1f832b493cc6128fac53bb3cf919221bce2749d
    paragraph_quote: ': 2017-10-04 Program Description. The Disaster Relief Loan Buyout Authority Program enables
      Issuers to buy out eligible loans, subject to Ginnie Mae approval, even if the loans are not delinquent, or
      do not otherwise meet the conditions for a buyout detailed under Ginnie Mae’s standard terms in MBS Guide,
      Ch. 14 or 18. Program Requirements. Issuers must receive Ginnie Mae’s written permission to buy out loans
      under this provision. To request such permission, an Issuer must use the Transmittal Form Letter for Disaster
      Relief Buyout Requests (Appendix XI-05), in the manner prescribed by the relevant Disaster APM. The Issuer
      must provide Ginnie Mae the loan-level information required by the form letter for each loan identified therein.
      Ginnie Mae may, at its sole discretion, approve or reject a request, in whole or in part. The Disaster Relief
      Buyout Request Letter must be signed by an individual authorized to act on behalf of the Issuer, as listed
      in the Issuer’s current Form HUD 11702, who will certify on behalf of the Issuer that each loan listed in
      the request meets the eligibility requirements discussed above, and that the Issuer is buying out the loan
      in order to provide relief to the homeowner. Buyout Amount. If an Issuer’s request is approved, the Issuer
      must buy the loans out of the pools for the unpaid principal balance of each loan, less any unreimbursed advances
      previously made by the Issuer.'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 34 PDF, snapshot 985eab4dff653319;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch34-5
  canonical_id: gnma-mbs-ch34-5
  section: Ginnie Mae MBS Guide Chapter 34 — Special Assistance Programs
  description: 'Ch.34 Special Assistance Programs: , Rev. 1 34-2 ginniemae.gov Impact on Re-Pooling. A loan that
    is bought out under the authority of this disaster relief provision will be eligible for repooling only if it
    has successfully undergone a loan modification in compliance with the guidelines of the applicable federal a…'
  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 34 — Special Assistance Programs
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_34.pdf
    snapshot_id: 985eab4dff653319
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:a4ebb944d8f7ad1a4c4ff063c1f832b493cc6128fac53bb3cf919221bce2749d
    paragraph_quote: ', Rev. 1 34-2 ginniemae.gov Impact on Re-Pooling. A loan that is bought out under the authority
      of this disaster relief provision will be eligible for repooling only if it has successfully undergone a loan
      modification in compliance with the guidelines of the applicable federal agency guaranteeing or insuring the
      loan. The resulting loan modification must meet Ginnie Mae’s standard pooling parameters and documentation
      requirements for loan modifications. Please note that refinanced loans are not restricted as to pooling since
      a refinanced loan is a new loan and must only meet the eligibility loan criteria in the MBS Guide Ch. 9, Part
      2 of this Guide. Section C. Delinquency and Default Ratio Disaster Assistance Program'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 34 PDF, snapshot 985eab4dff653319;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch34-6
  canonical_id: gnma-mbs-ch34-6
  section: Ginnie Mae MBS Guide Chapter 34 — Special Assistance Programs
  description: 'Ch.34 Special Assistance Programs: : 2017-10-04 Program Description. The MBS Guide, Ch.18, Part
    3 provides the delinquency and default thresholds used by Ginnie Mae in determining whether to approve commitment
    authority requests, pool number requests, and Transfers of Issuer Responsibility. Under the Delinquency a…'
  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 34 — Special Assistance Programs
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_34.pdf
    snapshot_id: 985eab4dff653319
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:a4ebb944d8f7ad1a4c4ff063c1f832b493cc6128fac53bb3cf919221bce2749d
    paragraph_quote: ': 2017-10-04 Program Description. The MBS Guide, Ch.18, Part 3 provides the delinquency and
      default thresholds used by Ginnie Mae in determining whether to approve commitment authority requests, pool
      number requests, and Transfers of Issuer Responsibility. Under the Delinquency and Default Ratio Disaster
      Assistance Program, Ginnie Mae may, in its sole discretion, and upon request from an Issuer, exclude Eligible
      Loans from'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 34 PDF, snapshot 985eab4dff653319;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch34-7
  canonical_id: gnma-mbs-ch34-7
  section: Ginnie Mae MBS Guide Chapter 34 — Special Assistance Programs
  description: 'Ch.34 Special Assistance Programs: calculations of delinquency and default ratios identified in
    the MBS Guide, Ch. 18, Part 3. Program Requirements. When the program is made available pursuant to a Disaster
    APM, Issuers must request the exclusion of Eligible Loans directly from their assigned Account Executive. Th…'
  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 34 — Special Assistance Programs
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_34.pdf
    snapshot_id: 985eab4dff653319
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:a4ebb944d8f7ad1a4c4ff063c1f832b493cc6128fac53bb3cf919221bce2749d
    paragraph_quote: calculations of delinquency and default ratios identified in the MBS Guide, Ch. 18, Part 3.
      Program Requirements. When the program is made available pursuant to a Disaster APM, Issuers must request
      the exclusion of Eligible Loans directly from their assigned Account Executive. The Account Executive will
      instruct the Issuer how to submit necessary loan information, if any. Ginnie Mae will inform the Issuer in
      writing whether its request is approved, and if approved the expiration date of the exemption. Section D.
      Pass-Through Assistance Program
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 34 PDF, snapshot 985eab4dff653319;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch34-8
  canonical_id: gnma-mbs-ch34-8
  section: Ginnie Mae MBS Guide Chapter 34 — Special Assistance Programs
  description: 'Ch.34 Special Assistance Programs: : 2026-02-26 Program Description. Under the Pass-Through Assistance
    Program (PTAP), Ginnie Mae may assist Issuers with pass-through payments to investors if the Issuer has a Qualifying
    Portfolio in accordance with this MBS Guide, Ch. 34, Part 2. The specific and limited purpose 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 34 — Special Assistance Programs
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_34.pdf
    snapshot_id: 985eab4dff653319
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:a4ebb944d8f7ad1a4c4ff063c1f832b493cc6128fac53bb3cf919221bce2749d
    paragraph_quote: ': 2026-02-26 Program Description. Under the Pass-Through Assistance Program (PTAP), Ginnie
      Mae may assist Issuers with pass-through payments to investors if the Issuer has a Qualifying Portfolio in
      accordance with this MBS Guide, Ch. 34, Part 2. The specific and limited purpose of this program is to allow
      Issuers facing a temporary liquidity shortfall that is directly attributable to a major disaster to receive
      the benefit of the Ginnie Mae guaranty without the consequence of termination and extinguishment. Requests
      for assistance under this program should only be made by an Issuer as a “last resort.” A request for assistance
      is a basis for a default. In underwriting requests for assistance, Ginnie Mae will assess whether there are
      sufficient grounds to expect the timely repayment of governmental advance. This program is not intended to
      provide long-term financing, or to address the full extent of solvency issues that an Issuer might face as
      the result of a disaster. Program Requirements. Issuers must request assistance within the timeline as provided
      in the applicable Disaster APM. The Disaster APM will also identify the Eligible Months for the PTAP. Issuers
      may request Pass-Through Assistance only for a particular month. If an Issuer requires Pass-Through Assistance
      for multiple months, the Issuer must submit a request for each individual succeeding Eligible Month, as detailed
      below.'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 34 PDF, snapshot 985eab4dff653319;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch34-9
  canonical_id: gnma-mbs-ch34-9
  section: Ginnie Mae MBS Guide Chapter 34 — Special Assistance Programs
  description: 'Ch.34 Special Assistance Programs: , Rev. 1 34-3 ginniemae.gov The terms of repayment for each month
    that Ginnie Mae extends Pass-Through Assistance are detailed further below. Issuers may request assistance only
    after receiving the final pre-collection notice corresponding to the applicable reporting month. The I…'
  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 34 — Special Assistance Programs
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_34.pdf
    snapshot_id: 985eab4dff653319
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:a4ebb944d8f7ad1a4c4ff063c1f832b493cc6128fac53bb3cf919221bce2749d
    paragraph_quote: ', Rev. 1 34-3 ginniemae.gov The terms of repayment for each month that Ginnie Mae extends
      Pass-Through Assistance are detailed further below. Issuers may request assistance only after receiving the
      final pre-collection notice corresponding to the applicable reporting month. The Issuer must request assistance
      in accordance with the following procedures: Initial Application. For each Eligible Month for which assistance
      is requested, the Issuer will sign and submit, no earlier than the seventh 7th Business Day of each month,
      and at least three calendar days prior to that month’s remittance date or ACH date, the following: (i) a single
      copy of a Request for Disaster Assistance (Appendix XI-1) (a Request), properly executed by an authorized
      corporate official; (ii) two copies of a Supervisory Agreement (Appendix XI-2), properly executed by an authorized
      corporate official;'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 34 PDF, snapshot 985eab4dff653319;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch34-10
  canonical_id: gnma-mbs-ch34-10
  section: Ginnie Mae MBS Guide Chapter 34 — Special Assistance Programs
  description: 'Ch.34 Special Assistance Programs: , Rev. 1 34-4 ginniemae.gov (iii) a single copy of Wire Instructions
    to Transmit Funds to Issuer from Ginnie Mae (Appendix XI-3) that identifies the applicable P&I Custodial Account(s)
    that is (are) subject to master agreement(s) in the form prescribed by Ginnie Mae; and (iv) a s…'
  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 34 — Special Assistance Programs
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_34.pdf
    snapshot_id: 985eab4dff653319
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:a4ebb944d8f7ad1a4c4ff063c1f832b493cc6128fac53bb3cf919221bce2749d
    paragraph_quote: ', Rev. 1 34-4 ginniemae.gov (iii) a single copy of Wire Instructions to Transmit Funds to
      Issuer from Ginnie Mae (Appendix XI-3) that identifies the applicable P&I Custodial Account(s) that is (are)
      subject to master agreement(s) in the form prescribed by Ginnie Mae; and (iv) a signed statement, on the Issuer’s
      letterhead, articulating the Issuer’s previous efforts in obtaining private financing for the subject shortfalls
      as well as the Issuer’s plan for repaying any funds advanced by Ginnie Mae. Ginnie Mae may request additional
      supporting documentation. The Issuer must send these documents electronically in PDF, and where applicable,
      in Excel format to pida@hud.gov. The Issuer must also send the original hard copy of each document by express
      mail to the Senior Vice President of the Office of Issuer & Portfolio Management Attention: Declared Disaster
      (see Summary of Addresses). These documents are applicable under both the Ginnie Mae I MBS Program and the
      Ginnie Mae II MBS Program. Ginnie Mae may request additional documentation to support the Issuer’s signed
      statement. Each of these documents must be signed by an individual authorized to act on behalf of the Issuer
      as listed in the Issuer’s current Form HUD 11702. Ginnie Mae Determination. If Ginnie Mae approves the Request,
      it will execute the Supervisory Agreements and return one copy to the Issuer. Ginnie Mae will wire the requested
      advances directly into the Issuer’s P&I custodial accounts at times that will enable the Issuer to make payments
      to security holders at the times specified in MBS Guide, Ch. 15. If Ginnie Mae denies the Request, it will
      notify in writing the Issuer of the denial. (c) Computation of Available Pass-Through Assistance The Issuer
      will compute the amount of the advance requested from Ginnie Mae for each eligible month as follows: (d) Determine
      the total amount necessary to make payments to security holders that will be required for the Eligible Loans
      in the Eligible Month that is the subject of the request. Determine the total amount of funds available to
      the Issuer to satisfy the amount computed in paragraph (i), including borrower collections for the applicable
      month and any Issuer funds being applied to meet advance obligations. Subtract the amount computed in paragraph
      (ii) above from the amount computed in paragraph (i) above. The balance is the amount of Ginnie Mae advance
      assistance (eligible assistance) that the Issuer will be eligible for in the Eligible Month that is the subject
      of the request. The computations in paragraphs (i), (ii), and (iii) above, must be reflected in the corresponding
      fields of the executed Request for Disaster Pass-Through Assistance, Appendix XI-01.'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 34 PDF, snapshot 985eab4dff653319;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch34-11
  canonical_id: gnma-mbs-ch34-11
  section: Ginnie Mae MBS Guide Chapter 34 — Special Assistance Programs
  description: 'Ch.34 Special Assistance Programs: Repayment Responsibility. An Issuer that receives an eligible
    advance from Ginnie Mae will be obligated to repay it to Ginnie Mae according to the terms set forth in the
    applicable Supervisory Agreement. The applicable interest rate is the rate that Ginnie Mae pays for its monthl…'
  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 34 — Special Assistance Programs
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_34.pdf
    snapshot_id: 985eab4dff653319
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:a4ebb944d8f7ad1a4c4ff063c1f832b493cc6128fac53bb3cf919221bce2749d
    paragraph_quote: Repayment Responsibility. An Issuer that receives an eligible advance from Ginnie Mae will
      be obligated to repay it to Ginnie Mae according to the terms set forth in the applicable Supervisory Agreement.
      The applicable interest rate is the rate that Ginnie Mae pays for its monthly borrowing from the Treasury
      Department during the month of the related eligible advance. Issuers should use Ginnie Mae Payment Instructions
      in MBS Guide, Ch. 6 to make the required repayments. Although the specified repayment dates and the associated
      Supervisory Agreements are not expected to be extended, they may be extended in the sole discretion of the
      President of Ginnie Mae. Default Status. Under the applicable Supervisory Agreement, the Issuer will be considered
      in default under the governing Guaranty Agreement or Contractual Agreement. If Ginnie Mae executes the Supervisory
      Agreement, Ginnie Mae will forbear from exercising its right to extinguish the Issuer’s rights and will allow
      the Issuer to remedy its default by repaying each eligible advance to Ginnie Mae, together with required interest,
      within 90 days of the date of Ginnie Mae’s payment of that eligible advance. Execution of the Supervisory
      Agreement does not obligate Ginnie Mae to forbear from exercising its rights in the event of a default by
      the Issuer for a basis other than a default due to the Issuer’s request for eligible advances. Although an
      Issuer will be in default as a result of its request for eligible advances pursuant to this chapter, the Issuer’s
      ability to obtain commitments, issue securities, or transfer Issuer responsibility will not be affected so
      long as it complies with the Supervisory Agreement executed by Ginnie Mae and all other applicable Ginnie
      Mae I and Ginnie Mae II MBS Program requirements. If Ginnie Mae denies the Request, the Issuer’s ability to
      obtain commitments, issue securities, or transfer Issuer responsibility may be affected. Section E. PTAP Related
      to COVID-19 for Single Family Issuers
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 34 PDF, snapshot 985eab4dff653319;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch34-12
  canonical_id: gnma-mbs-ch34-12
  section: Ginnie Mae MBS Guide Chapter 34 — Special Assistance Programs
  description: 'Ch.34 Special Assistance Programs: : 2026-02-26 (1) Program Description. Under the PTAP Related
    to COVID-19, Ginnie Mae may assist Issuers under the Single-Family program with pass-through payments to investors
    if the Issuers are facing a temporary liquidity shortfall directly attributable to the national emergenc…'
  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 34 — Special Assistance Programs
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_34.pdf
    snapshot_id: 985eab4dff653319
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:a4ebb944d8f7ad1a4c4ff063c1f832b493cc6128fac53bb3cf919221bce2749d
    paragraph_quote: ': 2026-02-26 (1) Program Description. Under the PTAP Related to COVID-19, Ginnie Mae may assist
      Issuers under the Single-Family program with pass-through payments to investors if the Issuers are facing
      a temporary liquidity shortfall directly attributable to the national emergency declared by the President
      on March 13, 2020 (PTAP/C19). PTAP/C19 will assist these Issuers with their obligations under the Ginnie Mae
      program without the consequence of termination and extinguishment. Neither a request for assistance, nor the
      actual provision of assistance under this program, will, in and of itself, constitute a basis for default.
      An Issuer should make a request for PTAP/C19 only as a “last resort.” Ginnie Mae will assess whether there
      are sufficient grounds to expect the timely repayment of any PTAP/C19 advance. This program is not intended
      to address the full extent of solvency issues that an Issuer might face as a result of COVID-19. (2) Program
      Requirements. Issuers may request PTAP/C19 assistance only once per month to cover shortfalls on the principal
      and interest (P&I) due to mortgage-backed security (MBS) holders the month that the request is made. PTAP/C19
      funds may be used only to cover shortfalls in the P&I owed to MBS security holders associated with loans that
      are delinquent, which includes loans in forbearance, as of the date that each request for assistance is submitted.'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 34 PDF, snapshot 985eab4dff653319;
      substring-verified. New-source fetch.
  judgment: false
- id: gnma-mbs-ch34-13
  canonical_id: gnma-mbs-ch34-13
  section: Ginnie Mae MBS Guide Chapter 34 — Special Assistance Programs
  description: 'Ch.34 Special Assistance Programs: , Rev. 1 34-5 ginniemae.gov PTAP/C19 funding may not be used
    to cover other Issuer operational or servicing costs.'
  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 34 — Special Assistance Programs
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_34.pdf
    snapshot_id: 985eab4dff653319
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:a4ebb944d8f7ad1a4c4ff063c1f832b493cc6128fac53bb3cf919221bce2749d
    paragraph_quote: ', Rev. 1 34-5 ginniemae.gov PTAP/C19 funding may not be used to cover other Issuer operational
      or servicing costs.'
    drafter_attestation: Verbatim paragraph from Ginnie Mae MBS Guide Chapter 34 PDF, snapshot 985eab4dff653319;
      substring-verified. New-source fetch.
  judgment: false
