Ginnie Mae 5500.3, Rev. 1
Public reporting for this information collection is estimated to average 1 minute per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed and completing and reviewing the collection of information. This agency may not collect this information, and you are not required to complete this form, unless it displays a currently valid OMB control number.
Ginnie Mae is authorized to collect this information pursuant to Section 306(g) of the National Housing Act and/or by Ginnie Mae’s Handbook 5500.3, Rev. 1. The purpose of this collection is to provide the CPTA, an agent of Ginnie Mae, with pertinent data corrections to pools already submitted. The information collected will not be disclosed outside the Department except as required by law.
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, an authorized issuer of Ginnie Mae securities shall [Issuer Name] [Issuer Number]
from time to time in connection with Ginnie Mae’s new pool issuance program, submit to the pool processing agent (the “PPA”) pools/loan packages for processing. Should we submit pool/loan package documents with defects that are of the kind that can be corrected at the PPA’s facilities, we may send by facsimile transmission to the PPA a completed and signed Correction Request Form in customary form, authorizing the PPA to make the correction(s) to our pool/loan package documentation stated on the form. The PPA is hereby authorized to accept such authorization by facsimile transmission provided the authorized signature appearing on the facsimile transmission resembles that of the officer appearing on HUD Form 11702 included in such pool/loan package.
This shall be a continuing authorization from this issuer upon which the PPA may rely until expressly revoked in writing by the company.
[Issuer Name]
] [Issuer Number]
Signature:
Print Name:
Title:
Date:
DATE:
NAME OF ISSUER:
ISSUER NUMBER:
Ginnie Mae POOL OR LOAN PACKAGE NUMBER:
DOCUMENT DEFECT(S)/CORRECTIVE ACTION REQUIRED:
TO BE COMPLETED BY THE ISSUER:
[ISSUER] hereby confirms the above referenced defects and authorizes the Pool Processing Agent (the “PPA”) to make the above described corrections for the stated pool/loan package. The revisions do not include signing on the issuer’s behalf or adjusting notarizations. In consideration of your so acting on our behalf in accordance with this authorization, issuer hereby agrees to indemnify and hold the PPA, Ginnie Mae and their respective officers and employees harmless from any claim, liability, damage, cost and expense (including reasonable attorney’s fees) resulting therefrom.
SIGNATURE OF AN AUTHORIZED OFFICER: TITLE
FOR PPA USE ONLY:
CORRECTION SPECIALIST ASSIGNED:
DATE REQUEST IS PROCESSED:
DOCUMENT(S) AMENDED:
COMMENTS:
MANAGER’S APPROVAL: DATE:
Date:
01/01/06
File Type | application/vnd.openxmlformats-officedocument.wordprocessingml.document |
File Title | Appendix III-9 Combined Guide Test |
Author | 95 Workstation |
File Modified | 0000-00-00 |
File Created | 2021-01-30 |