Appendix VI-16 Quarterly Custodial Account Verification Record File Lay

Ginnie Mae Mortgage-Backed Securities Programs

Appendix VI-16

Ginnie Mae Mortgage-Backed Securities Programs

OMB: 2503-0033

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GINNIE MAE 5500.3, Rev. 1





APPENDIX VI-16



Ginnie Mae Enterprise Portal (GMEP) Reporting and Feedback System (RFS) Quarterly Custodial Account Verification Record File Layout




Applicability: These requirements apply to any Mortgage Backed Security Issuer with aggregate principal and interest payments due from borrowers of $100,000 or more in any one month as measured by the amount of the fixed installment control.

Purpose: To be used by an Issuer to complete quarterly custodial account verification reporting as required by Chapter 16, section 8 of the Mortgage Backed Securities Guide. Quarterly custodial account verification data must be submitted electronically or entered online to Ginnie Mae’s Reporting and Feedback System (RFS).

Prepared by: Issuer.

Prepared in: Electronic form. Submitted via the Ginnie Mae Enterprise Portal File Upload application.

Due Date: Data is due by 7:00 PM (Eastern Time) on the 10th calendar day in March, June, September and December.



Ginnie Mae Custodial Account Verification Data Record


Document Version

History

Version 1.0

Initial Version







File Naming instructions for Custodial Account Verification(s):  


The naming convention is:  CAVSIIIIMMYYSN.txt where:


CAVS—is constant. Custodial Account Verifications

IIII – is the Issuer ID. E.g. 3937

MMYY – is the reporting period. Month Year

SN—is the file Sequence Number. Ex. 01, 02, 03 (In order to distinguish between multiple files, the Sequence Number should not be repeated in a given month).


E.g.         CAVS3937071501.txt


Each file should consist of a Header Record, a CAVS Data Record, and a Trailer Record in that order. Files will be processed in the order in which they arrive.


Below is the summary of Record Types in the file. All records and fields are fixed length.



Record Type H

Overall File Header Record

Item

Field Name

Begin

End

Type

Length

Remarks

1

Record Type H = File Header

1

1

Character

1

Constant H

2

Issuer ID

2

5

Numeric

4


3

Record Date (YYYYMM)

6

11

Date

6

YYYYMM









Record Length


11





Header Record Field Instructions


1. Record Type: “H” for File Header

2. Issuer ID: Issuer number that Ginnie Mae assigned to the organization.

3. Record Date: The Ginnie Mae reporting month.



Record Type C

CAVS Data Record

Item

Field Name

Begin

End

Type

Length

Remarks

1

Record Type C = CAVS Record

1

1

Character

1

Constant C - CAVS

2

Reporting Period

2

7

Date

6

YYYYMM

3

Issuer ID

8

11

Character

4

Valid Issuer ID

4

Institution Name

12

51

Character

40

The name of the custodial institution

5

Institution City

52

81

Character

30

The city where the custodial institution is located

6

Institution State

82

83

Character

2

The state where the custodial institution is located

7

Institution Zip Code

84

92

Numeric

9

The Postal Code where the custodial institution is located

8

Account Title

93

242

Character

150

The account title description: Principal and Interest or Taxes and Insurance (Escrow)

9

Account Type

243

243

Character

1

P or T

10

FDIC Bank Certification Number

244

253

Character

10

The assigned Federal Depository Insurance Corporation identification number.

11

Name of Rating Agency One

254

313

Character

60

The name of the Rating Agency (required)

12

Agency One Rating

314

328

Character

15

The Agency rating value. (required)

13

Name of Rating Agency Two

329

388

Character

60

The name of the Rating Agency (not required)

14

Agency Two Rating

389

403

Character

15

The Agency rating value. (not required)

15

Contact Name

404

443

Character

40

The name of the person responsible for uploading the file

16

Title

444

483

Character

40

The title of the person responsible for uploading the file

17

Bank ID

484

492

Character

9

The ABA routing number









Record Length


492






CAVS Record Field Instructions


  1. Record Type: “C” for CAVS Record.

  2. Reporting Period: Ginnie Mae reporting period (YYYYMM).

  3. Issuer ID: A number Ginnie Mae assigned to identify the organization.

4. Institution Name: Name of the custodial institution related to Custodial Account Verification.

5. Institution City: The city the custodial institution is located, related to Custodial Account Verification.

6. Institution State: The state the custodial institution is located, related to Custodial Account Verification.

7. Institution Zip Code: The custodial institution’s Postal Code related to Custodial Account Verification.

8. Account Title: The title associated with the custodial account.

9. Account Type: The type of account used in the verification. Values: “P” for a Principal and Interest account or “T” for a Taxes and Insurance Escrow account.

10. FDIC Bank Certification Number: The FDIC number assigned to the institution.

11. Name of Rating Agency One: The Company name of the rater one (required).

12. Agency One Rating: The rating value for rater one (required).

13. Name of Rating Agency Two: The Company name of the second rater if submitted (not required).

14. Agency Two Rating: The rating value for rater two if submitted (not required).

15. Contact Name: The name of the submitter uploading the file.

16. Title: The title of the submitter uploading the file.

17. Bank ID: The American Bankers Association routing number of the custodial bank.



Record Type T

Overall File Trailer Record

Item

Field Name

Begin

End

Type

Length

Remarks

1

Record Type T = File Trailer

1

1

Character

1

Constant T

2

Issuer ID

2

5

Numeric

4


3

Record Date (YYYYMM)

6

11

Date

6

YYYYMM









Record Length


11





Trailer Record Field Instructions


1. Record Type: “T” for File Trailer

2. Issuer ID: Issuer number that Ginnie Mae assigned to the organization.

3. Record Date: The Ginnie Mae reporting month.


10/01/2015 6 Appendix VI-16

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