| HFA Initiative Reporting Requirements | ||
| Financial Reports & Other Submissions | State HFAs | Local HFAs |
| Issuer Financial Statements | Annually1 | Annually1 |
| Indenture Financial Statements | Annually1 | N/A |
| Events filings & Secondary Market Disclosures | As available | As available |
| Current counterparties (including, but not limited to, GIC providers, LOC providers and swap providers) and exposures2 | Quarterly | Annually1 |
| Copies of Official Statements or any other disclosure documents w/in 30 days of issuance of debt payable from Indenture revenues | As available | As available |
| Most recent ratings letters and any rating report3 | As available | As available |
| Copies of presentations to rating agencies3 | As available | As available |
| Indenture Cash flow certificates | As available | As available |
| Trustee Trial Balance, or Trial Balance certified by the Issuer, setting forth amounts held in the revenue fund and all other accounts under the Indenture | Quarterly | Quarterly |
| Loan portfolio performance data, see: "Single Family Indenture Reporting Requirements" 4 | Monthly | Monthly |
| Loan portfolio performance data, see: "Multifamily Indenture Reporting Requirements - Multi Loan Pools", "Multifamily Indenture Reporting Requirements - Single Loan" 4 | Quarterly5 | Quarterly5 |
| "Policy Outcome Metrics - Single Family" and "Policy Outcome Metrics - Multifamily" | Quarterly6 | Quarterly6 |
| Any information for housing goals upon GSE request | Upon request | Upon request |
| Other data, as reasonably requested by GSEs, including loan level data if required for asset management/surveillance | Upon request | Upon request |
| 1 If available, please provide on a more frequent basis such as quarterly or semi-annually. | ||
| 2As related to NIBP or TCLP indentures | ||
| 3As related to Issuer, NIBP or TCLP indentures, or Issuer/ Indenture ratings | ||
| 4Upon downgrade (Indenture or Issuer), more detailed information may be requested. | ||
| This could include loan level data tapes and on site access to the Issuer and senior management. | ||
| 5If loan status changes / if 5% or more of pool has payment default, immediate notification is required, and Multifamily reporting requirements becomes monthly | ||
| 6For NIBP bonds only; final reporting for Policy Outcome Metrics is due within 90 days of all funds being drawn down from escrow | ||
| Reporting Due Dates: Monthly – within 30 days of reporting date Quarterly – within 90 days of reporting date Annually – within 120 days of reporting date |
||
| Please submit all required reports to HFAReporting@Treasury.gov | ||
| This Information Collection has been approved by the Office of Management and Budget and has been assigned the control number 1505-0224. | ||
| Certifications | State HFAs | Local HFAs |
| Certificate of Issuer stating that there is no default or Event of Default under the relevant documents (Indenture, Reimbursement Agreement, Placement Agreement, etc.) | Quarterly | Annual |
| Certificate of compliance with all Indenture covenants | Quarterly | Annual |
| For any withdrawal from the Indenture other than for ordinary and customary expenses, and to fund or reimburse the costs of programs sponsored by the Issuer, a certificate specifying the amount and purpose of the withdrawal | At occurrence | At occurrence |
| Notices | All HFAs | |
| Any default or Event of Default under the relevant documents (Indenture, Reimbursement Agreement, Placement Agreement, or any other HFA Initiative document) | At occurrence | |
| The action(s) to be taken with respect to any such default or Event of Default | At determination | |
| Any default or event of default by Issuer or counterparty (including, but not limited to, GIC providers, LOC providers and swap providers) under a Related Document, but which is not an HFA Initiative document | At occurrence | |
| The action(s) to be taken with respect to any such default or event of default | At determination | |
| Any material increases in the collateralization requirements of the Issuer under the Hedge documents | At occurrence | |
| Any resignation by or removal of Trustee, Remarketing Agent or Tender Agent received or given by the Issuer | At occurrence | |
| Failure of Remarketing Agent, Tender Agent or Trustee to perform duties | At occurrence | |
| Litigation, administrative or other proceeding, legislation, business, or other development with material adverse affect on business or ability to perform under the documents | At occurrence | |
| Downgrade of bond or Issuer rating or placement on negative outlook by a rating agency | At occurrence | |
| Notice of change in counterparties, material changes in exposures or ratings of counterparties (including, but not limited to, GIC Providers, LOC providers and swap providers)1 | At occurrence | |
| Any changes to the Indenture relating to the Program Bonds | At determination | |
| Unscheduled draws on debt service reserves or credit enhancement | At occurrence | |
| Defeasances | At occurrence | |
| Material release, substitution or sale of property securing repayment of Program Bonds | At occurrence | |
| TCLF Only - Notice of VRDO failed remarketings | At occurrence | |
| 1As related to Issuer, NIBP or TCLP indentures, or issuer/ indenture ratings | ||
| Please submit all required reports to HFAReporting@Treasury.com | ||
| This Information Collection has been approved by the Office of Management and Budget and has been assigned the control number 1505-0224. | ||
| General Notes on Indenture Reporting: | ||||||||
| Please submit all required reports to HFAReporting@Treasury.com | ||||||||
| 1. Issuer may be required to gather information from servicer | ||||||||
| 2. Upon downgrade (Indenture or Issuer), more detailed information may be requested. | ||||||||
| This could include loan level data tapes and on site access to the Issuer and senior management. | ||||||||
| 3. All %'s refer to principal $ amount | ||||||||
| 4. All Loan-to-Value (LTV) calculations should be inclusive of Down Payment Assiatance (DPA). | ||||||||
| 5. If N/A Please leave blank | ||||||||
| 6. Multifamily reporting is for permanent (non-construction) loans | ||||||||
| 7. If loan status changes / if 5% or more of pool has payment default, immediate notification is required, and Multifamily reporting requirements becomes monthly | ||||||||
| 8. Vintage year refers to loans originated between 1/1 - 12/31 of that year | ||||||||
| 9. All reports should be reflective of the Indenture's status over the reporting period | ||||||||
| 10. All reports should be returned in the xls format in which they are provided | ||||||||
| SINGLE FAMILY INDENTURE REPORTING REQUIREMENTS | |
| Reporting Due: Monthly – within 30 days of reporting date | |
| HFA Name | |
| HFA Indenture Name | |
| Month End Date | |
| Mortgage Loan Unpaid Balance (UPB) | |
| MBS UPB | |
| Number of loans | |
| Delinq 30-59 Days (%) | |
| Delinq 60-89 Days (%) | |
| Delinq 90-119 Days (%) | |
| Delinq 120+ Days (%) | |
| Bankruptcy (%) | |
| Foreclosures (%) | |
| REO (%) | |
| Cum. Loss | |
| 1 Month SIFMA | |
| Combined Original LTV (%) | |
| 30 Yr Fixed (Level Amortizing) % | |
| % 2nd Lien | |
| 2003 and prior Vintage % | |
| 2004 Vintage % | |
| 2005 Vintage % | |
| 2006 Vintage % | |
| 2007 Vintage % | |
| 2008 Vintage % | |
| 2009 Vintage % | |
| 2010 Vintage % | |
| 2011 Vintage % | |
| 2012 Vintage % | |
| 2013 Vintage % | |
| 2014 Vintage % | |
| FHA/VA % | |
| RD % | |
| MGIC % | |
| PMI % | |
| Other MI % | |
| Servicer 1 Name | |
| Servicer 1 % | |
| Servicer 2 Name | |
| Servicer 2 % | |
| Servicer 3 Name | |
| Servicer 3 % | |
| Servicer 4 Name | |
| Servicer 4 % | |
| Servicer 5 Name | |
| Servicer 5 % | |
| This Information Collection has been approved by the Office of Management and Budget and has been assigned the control number 1505-0224. | |
| MULTIFAMILY INDENTURE REPORTING REQUIREMENTS - MULTI LOAN POOLS | |
| Reporting Due: Quarterly – within 90 days of reporting date | |
| HFA Name | |
| HFA Indenture Name | |
| Quarter End Date | |
| Mortgage Loan Unpaid Principal Balance (UPB) | |
| MBS UPB | |
| Collateral CUSIPs | |
| Delinq 30-59 Days (%) | |
| Delinq 60-89 Days (%) | |
| Delinq 90+ Days (%) | |
| Bankruptcy (%) | |
| Foreclosure (%) | |
| REO (%) | |
| Cum. Loss | |
| Combined Original LTV (%) | |
| Weighted Average DSCR | |
| Avg Occupancy (%) | |
| Parity Ratio (Asset/Liability) | |
| FHA % | |
| Freddie % | |
| Fannie % | |
| Ginnie % | |
| Servicer 1 Name | |
| Servicer 1 % | |
| Servicer 2 Name | |
| Servicer 2 % | |
| Servicer 3 Name | |
| Servicer 3 % | |
| Servicer 4 Name | |
| Servicer 4 % | |
| Servicer 5 Name | |
| Servicer 5 % | |
| This Information Collection has been approved by the Office of Management and Budget and has been assigned the control number 1505-0224. | |
| MULTIFAMILY INDENTURE REPORTING REQUIREMENTS - SINGLE LOAN | |
| Reporting Due: Quarterly – within 90 days of reporting date | |
| MF HFA Name | |
| MF HFA Indenture Name | |
| Project Name | |
| Quarter End Date | |
| Mortgage Loan Unpaid Principal Balance (UPB) | |
| MBS UPB | |
| Collateral CUSIPs | |
| If Delinquent, last payment date | |
| Bankruptcy / Foreclosure / REO1 | |
| Original LTV (%) | |
| Curr DSCR | |
| Curr Occupancy (%) | |
| Parity Ratio (Asset/Liability) | |
| FHA / Freddie / Fannie / Ginnie1 | |
| Servicer Name | |
| 1Please indicate which (if any) applies | |
| This Information Collection has been approved by the Office of Management and Budget and has been assigned the control number 1505-0224. | |
| Policy Outcome Metrics: Single Family NIBP | ||
| For loans originated within a series with Program Bond proceeds | ||
| Reporting Due: Quarterly1 – within 90 days of reporting date | ||
| Please complete below information as applicable to loans issued since Program inception | ||
| Quarter End Date | ||
| HFA Name: | ||
| Total Number of Mortgage Loans: | ||
| Average Loan Amount: | ||
| Total Funds Used for Refunding: | ||
| Range of Interest Rates (%) excluding Down Payment Assistance (DPA): | Number of Mortgage Loans | Total Original Principal Balance |
| 3.50 - 3.75 | ||
| 3.76 - 4.00 | ||
| 4.01 - 4.25 | ||
| 4.26 - 4.50 | ||
| 4.51 - 4.75 | ||
| 4.76 - 5.00 | ||
| 5.01 - 5.25 | ||
| 5.26 - 5.50 | ||
| 5.51 - 5.75 | ||
| 5.76 - 6.00 | ||
| 6.01 - 6.25 | ||
| 6.26 - 6.50 | ||
| Other | ||
| Weighted Average Interest Rate | ||
| Down Payment Assistance (%) | Number of Mortgage Loans | Total Original Principal Balance |
| 0 - 5.0 | ||
| 5.1 - 10.0 | ||
| 10.1 - 15.0 | ||
| Other | ||
| Weighted Average DPA | ||
| Range of Interest Rates (%) including Down Payment Assistance (DPA): | Number of Mortgage Loans | Total Original Principal Balance |
| 4.51 - 4.75 | ||
| 4.76 - 5.00 | ||
| 5.01 - 5.25 | ||
| 5.26 - 5.50 | ||
| 5.51 - 5.75 | ||
| 5.76 - 6.00 | ||
| 6.01 - 6.25 | ||
| 6.26 - 6.50 | ||
| Other | ||
| Weighted Average Interest Rate | ||
| Principal Balances ($) | Number of Mortgage Loans | Total Original Principal Balance |
| 1 - 25,000 | ||
| 25,001 - 50,000 | ||
| 50,001 - 75,000 | ||
| 75,001 - 100,000 | ||
| 100,001 - 125,000 | ||
| 125,001 - 150,000 | ||
| 150,001 - 175,000 | ||
| 175,001 - 200,000 | ||
| 200,001 - 225,000 | ||
| 225,001 - 250,000 | ||
| 250,001 - 275,000 | ||
| 275,001 - 300,000 | ||
| 300,001 - 325,000 | ||
| 325,001 - 350,000 | ||
| 350,001 - 375,000 | ||
| 375,001 - 400,000 | ||
| 400,001 - 425,000 | ||
| 425,001 - 450,000 | ||
| 450,001 - 475,000 | ||
| 475,001 - 500,000 | ||
| 500,001 - 600,000 | ||
| 600,001 - 700,000 | ||
| 700,001 - 800,000 | ||
| 800,001 - 1,000,000 | ||
| Other | ||
| Weighted Average Principal Balance | ||
| Combined Original LTV Ratios (%) | Number of Mortgage Loans | Total Original Principal Balance |
| 0 - 20 | ||
| 21 - 25 | ||
| 26 - 30 | ||
| 31 - 35 | ||
| 36 - 40 | ||
| 41 - 45 | ||
| 46 - 50 | ||
| 51 - 55 | ||
| 56 - 60 | ||
| 61 - 65 | ||
| 66 - 70 | ||
| 71 - 75 | ||
| 76 - 80 | ||
| 81 - 85 | ||
| 86 - 90 | ||
| 91 - 95 | ||
| 96 - 100 | ||
| 101 - 105 | ||
| 106 - 110 | ||
| 111+ | ||
| Weighted Average LTV (%) | ||
| Loan Purpose | Number of Mortgage Loans | Total Original Principal Balance |
| Purchase | ||
| Refinance - Rate Term | ||
| Other | ||
| Original Credit Score | Number of Mortgage Loans | Total Original Principal Balance |
| < 500 | ||
| 500 - 525 | ||
| 526 - 550 | ||
| 551 - 575 | ||
| 576 - 600 | ||
| 601 - 625 | ||
| 626 - 650 | ||
| 651 - 675 | ||
| 676 - 700 | ||
| 701 - 725 | ||
| 726 - 750 | ||
| 751 - 775 | ||
| 776 - 800 | ||
| 801+ | ||
| Weighted Average Credit Score | ||
| Mortgage Insurance Provider | Number of Mortgage Loans | Total Original Principal Balance |
| FHA | ||
| VA | ||
| Rural | ||
| State | ||
| Private | ||
| Other | ||
| Housing Type | Number of Mortgage Loans | Total Original Principal Balance |
| Single Family | ||
| Town House | ||
| 2-4 Family House | ||
| Condominium | ||
| Other | ||
| Original Debt / Income (DTI) (%) | Number of Mortgage Loans | Total Original Principal Balance |
| < 25 | ||
| 25 - 30 | ||
| 31 - 35 | ||
| 36 - 40 | ||
| 41 - 45 | ||
| 46 - 50 | ||
| 51 - 55 | ||
| 56 - 60 | ||
| 61 - 65 | ||
| Other | ||
| Weighted Average DTI | ||
| 1 Please Note: Final Policy Outcome Metrics report date shall be 90 days after all funds have been used | ||
| This Information Collection has been approved by the Office of Management and Budget and has been assigned the control number 1505-0224. | ||
| Policy Outcome Metrics: Multifamily NIBP | |||
| For permanent phase loans originated with Program Bond proceeds | |||
| Reporting Due: Quarterly1 – within 90 days of reporting date | |||
| Please complete below information as applicable to loans issued since Program inception | |||
| Quarter End Date | |||
| HFA Name (Choose from dropdown) | |||
| GSE POC (Fannie Mae / Freddie Mac) | |||
| Total Funds Used for Refunding | |||
| Project Name: | |||
| NIBP Loan Amount: | |||
| Permanent Loan Amount: | |||
| Gap Bond(s) Amount (if NIBP): | |||
| Total Project Cost: | |||
| Tax Credits (Y/N): | |||
| Project Based Section 8 (Y/N): | |||
| Loan Purpose: (New Construction, Substantial Rehabilitation, Moderate Rehabilitation, Refunding) |
|||
| Execution Path: (Fannie / Freddie / FHA / 4th Rail) |
|||
| Underwritten LTV (%): | |||
| Underwritten DSCR: | |||
| Bond Rate (%): | |||
| Fee Stack (%): | |||
| Issuer Fee (%): | |||
| Total Number of Units: | |||
| Units Set Aside @ | % of AMI: | ||
| Units Set Aside @ | % of AMI: | ||
| Number of LIHTC Units: | |||
| 1 Please Note: Final Policy Outcome Metrics report date shall be 90 days after all funds have been used | |||
| Please provide data for each loan within the series | |||
| This Information Collection has been approved by the Office of Management and Budget and has been assigned the control number 1505-0224. | |||
| File Type | application/vnd.ms-excel |
| Author | q2ulbc |
| Last Modified By | Wolfgang, Dawn |
| File Modified | 2014-05-29 |
| File Created | 2010-02-25 |