source:
  type: regulation
  id: gnma-mbs-ch16
  authority: "Ginnie Mae MBS Guide Chapter 16 — Custodial Accounts"
  description: "GNMA MBS Guide Chapter 16 — Custodial Funds framework (P&I and escrow\ncustodial accounts, central P&I custodial account with ACH-debit\nauthorization, permissible withdrawal categories, escrow account\nrules with one-business-day corporate-fund advance, custodial\ninstitution rating requirements, quarterly CAV submissions, no\noverdrafts, 30-day reconciliation).\n"
obligations:
- id: gnma-mbs-ch16-segregate-cash-flow
  canonical_id: gnma-mbs-ch16-segregate-cash-flow
  section: "Ginnie Mae MBS Guide Ch. 16, Part 2 — Custodial Accounts"
  description: 'All [ISSUERS] must segregate the cash flow from pooled mortgages by

    identifying principal and interest, taxes, insurance premiums and

    other escrows, late charges, assumption fees, and any other fees or

    miscellaneous collections. All sums representing principal and

    interest, recoveries of principal, or any other funds due to the

    security holder, as well as any tax insurance premium or other

    funds collected for the benefit of the mortgage, are Custodial Funds.

    '
  type: do
  audit_question: Can [ISSUER] evidence segregation of cash flow from pooled mortgages by identifying principal and interest, taxes, insurance premiums and other escrows, late charges, assumption fees, and any other fees or miscellaneous collections, with each category accounted for as Custodial Funds where applicable?
  workflow_phase: servicing
  owner_role: escrow_analyst
  secondary_owner_role: compliance_officer
  cadence: continuous
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - gnma
  - mbs-guide
  - ch16
  - custodial-segregation
  - p-and-i-escrow
  - promoted
  primary_source:
    tier: 1
    authority: "Ginnie Mae MBS Guide Chapter 16, Part 2 — Custodial Accounts"
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_16.pdf
    snapshot_id: 6ab043e437fa3c10
    fetched_at: '2026-05-23T00:30:00Z'
    content_hash: sha256:71e0e2d9108830985a86ac9aaa3632206b95741f861067c8b3ebdad440ef24ca
    paragraph_quote: 'All Issuers must segregate the cash flow from pooled mortgages by identifying principal and '
    drafter_attestation: Copied verbatim from GNMA MBS Guide Chapter 16 snapshot 6ab043e437fa3c10 at 2026-05-23.
  promoted_at: '2026-05-23T01:32:24+00:00'
  promoted_from: gnma-mbs-ch16-roundb-v1.yaml
  program_review: Does the program ensure pooled-mortgage cash flow is segregated by identifying P&I, taxes, insurance premiums and other escrows, late charges, assumption fees, and other collections, with funds due security holders/mortgagor benefit accounted as Custodial Funds?
  file_review: Review custodial accounting; confirm cash-flow segregation by category and Custodial-Funds treatment where applicable.
  judgment: false
- id: gnma-mbs-ch16-no-account-overdrafts
  canonical_id: gnma-mbs-ch16-no-account-overdrafts
  section: "Ginnie Mae MBS Guide Ch. 16, Part 10 — Account Overdrafts"
  description: 'Overdrafts in bank accounts containing Ginnie Mae funds are not

    allowed under any circumstances. This restriction applies to all

    custodial, disbursement, and other accounts maintained by [ISSUER].

    '
  type: dont
  audit_question: "Can [ISSUER] evidence that no bank account containing Ginnie Mae funds — custodial, disbursement, or otherwise — was overdrawn at any time during the reporting period?"
  workflow_phase: servicing
  owner_role: escrow_analyst
  secondary_owner_role: compliance_officer
  cadence: continuous
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - gnma
  - mbs-guide
  - ch16
  - no-overdrafts
  - custodial-account-integrity
  - promoted
  primary_source:
    tier: 1
    authority: "Ginnie Mae MBS Guide Chapter 16, Part 10 — Account Overdrafts"
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_16.pdf
    snapshot_id: 6ab043e437fa3c10
    fetched_at: '2026-05-23T00:30:00Z'
    content_hash: sha256:71e0e2d9108830985a86ac9aaa3632206b95741f861067c8b3ebdad440ef24ca
    paragraph_quote: 'Overdrafts in bank accounts containing Ginnie Mae funds are not allowed under any '
    drafter_attestation: Copied verbatim from GNMA MBS Guide Chapter 16 snapshot 6ab043e437fa3c10 at 2026-05-23.
  promoted_at: '2026-05-23T01:32:24+00:00'
  promoted_from: gnma-mbs-ch16-roundb-v1.yaml
  program_review: Does the program ensure no account containing Ginnie Mae funds (custodial, disbursement, or other) is ever overdrawn?
  file_review: Review bank-account records; confirm no Ginnie-Mae-fund account was overdrawn during the period.
  judgment: false
- id: gnma-mbs-ch16-reconcile-within-30-days
  canonical_id: gnma-mbs-ch16-reconcile-within-30-days
  section: "Ginnie Mae MBS Guide Ch. 16, Part 11 — Reconciliations of Custodial Accounts"
  description: '[ISSUER]''s bank account reconciliations must be completed within

    30 days of the Issuer''s monthly reporting cut-off date for all

    accounts relating to Ginnie Mae pools or loan packages, including

    but not limited to P&I custodial and disbursement accounts, escrow

    custodial accounts, collection clearing accounts, and buydown and

    other special escrow custodial accounts containing Ginnie Mae pool

    or loan package funds.

    '
  type: do
  audit_question: "For every Ginnie Mae-related bank account (P&I custodial, disbursement, escrow custodial, collection clearing, buydown, other special escrow), can [ISSUER] evidence reconciliation completion within 30 days of the Issuer’s monthly reporting cut-off date?"
  workflow_phase: servicing
  owner_role: escrow_analyst
  secondary_owner_role: compliance_officer
  cadence: monthly
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - gnma
  - mbs-guide
  - ch16
  - reconciliation
  - 30-day
  - promoted
  primary_source:
    tier: 1
    authority: "Ginnie Mae MBS Guide Chapter 16, Part 11 — Reconciliations of Custodial Accounts"
    source_class: gnma-mbs-guide
    source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_16.pdf
    snapshot_id: 6ab043e437fa3c10
    fetched_at: '2026-05-23T00:30:00Z'
    content_hash: sha256:71e0e2d9108830985a86ac9aaa3632206b95741f861067c8b3ebdad440ef24ca
    paragraph_quote: "Bank account reconciliations must be completed within 30 days of the Issuer’s monthly reporting "
    drafter_attestation: Copied verbatim from GNMA MBS Guide Chapter 16 snapshot 6ab043e437fa3c10 at 2026-05-23.
  promoted_at: '2026-05-23T01:32:24+00:00'
  promoted_from: gnma-mbs-ch16-roundb-v1.yaml
  program_review: Does the program ensure all Ginnie-Mae-related bank accounts (P&I custodial, disbursement, escrow custodial, collection clearing, buydown, other special escrow) are reconciled within 30 days of the monthly reporting cut-off?
  file_review: For each Ginnie-Mae-related account, confirm reconciliation completion within 30 days of the monthly reporting cut-off date.
  judgment: false
_promotion_history:
- promoted_at: '2026-05-23T01:31:39+00:00'
  candidate_path: obligations\_remediation\_round_b_drafts\gnma-mbs-ch16-roundb-v1.yaml
  candidates_promoted: 0
  candidates_skipped_existing: 0
- promoted_at: '2026-05-23T01:32:24+00:00'
  candidate_path: obligations\_remediation\_round_b_drafts\gnma-mbs-ch16-roundb-v1.yaml
  candidates_promoted: 3
  candidates_skipped_existing: 0
