Ginnie Mae MBS Guide Chapter 19 — Reporting Remaining Principal Balances

gnma-mbs-ch19

GNMA MBS Guide Chapter 19 — monthly RPB (Remaining Principal Balance) reporting duty: correct RPB amounts for each pool and loan package no later than 2nd business day; revised RPB report by 4th business day; no correction after 4th business day. Inaccurate or late RPB reporting is a Guaranty-Agreement failure to remit timely and accurate payment to security holders and exposes the Issuer to default and sanctions.

Get this register: .xlsx .csv More bundles →

source:
  type: regulation
  id: gnma-mbs-ch19
  authority: Ginnie Mae MBS Guide Chapter 19 — Reporting Remaining Principal Balances
  description: |
    GNMA MBS Guide Chapter 19 — monthly RPB (Remaining Principal Balance)
    reporting duty: correct RPB amounts for each pool and loan package no
    later than 2nd business day; revised RPB report by 4th business day;
    no correction after 4th business day. Inaccurate or late RPB reporting
    is a Guaranty-Agreement failure to remit timely and accurate payment
    to security holders and exposes the Issuer to default and sanctions.
obligations:
  - id: gnma-mbs-ch19-report-rpb-2nd-business-day
    canonical_id: gnma-mbs-ch19-report-rpb-2nd-business-day
    section: Ginnie Mae MBS Guide Ch. 19, Part 4 — RPB Reporting Deadlines
    description: |
      [ISSUERS] are required to report correct RPB amounts for each pool
      and loan package no later than the second business day of each
      month. Ginnie Mae expects the RPB reported by the second business
      day to be complete and accurate. If [ISSUER] determines that
      adjustments are needed, [ISSUER] is required to submit a revised
      RPB report as soon as possible, but no later than the fourth
      business day of the month.
    type: do
    audit_question: For every reporting month, can [ISSUER] evidence (i) complete and accurate RPB submission for each pool and loan package no later than the 2nd business day of the month, and (ii) any required revised RPB report submitted no later than the 4th business day of the month?
    program_review: Does the program ensure complete/accurate RPB amounts for each pool/loan package are reported by the 2nd business day, with any required revision submitted no later than the 4th business day?
    file_review: For each month, confirm RPB submission by the 2nd business day and any revision by the 4th business day.
    judgment: false
    feeds:
      - gnma-mbs-ch19-no-correction-after-4th-business-day
    workflow_phase: servicing
    owner_role: default_servicing_analyst
    secondary_owner_role: compliance_officer
    cadence: monthly
    consequence: ''
    tags:
      - round-b
      - regulator-direct
      - gnma
      - mbs-guide
      - ch19
      - rpb-reporting
      - 2nd-business-day
      - 4th-business-day
      - promoted
    primary_source:
      tier: 1
      authority: Ginnie Mae MBS Guide Chapter 19, Part 4 — RPB Reporting Deadlines
      source_class: gnma-mbs-guide
      source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_19.pdf
      snapshot_id: aa7c00bc64775159
      fetched_at: '2026-05-23T00:30:00Z'
      content_hash: sha256:4c13d706d3a445a2bb4981f120a88a26ae3a5f5eb00fcbe553c7aaca239b4c3d
      paragraph_quote: 'Issuers are required to report correct RPB amounts for each pool and loan package no later '
      drafter_attestation: Copied verbatim from GNMA MBS Guide Chapter 19 snapshot aa7c00bc64775159 at 2026-05-23.
    promoted_at: '2026-05-23T01:32:25+00:00'
    promoted_from: gnma-mbs-ch19-roundb-v1.yaml
  - id: gnma-mbs-ch19-rpb-inaccurate-equals-payment-failure
    canonical_id: gnma-mbs-ch19-rpb-inaccurate-equals-payment-failure
    section: Ginnie Mae MBS Guide Ch. 19, Part 7 — Sanctions and Penalties
    description: |
      Both the failure to report RPBs and inaccurate RPB reporting are
      considered a failure by [ISSUER] to remit timely and accurate
      payment to security holders as required by the Guaranty Agreement.
      [ISSUERS] that fail to report timely and accurately to RFS,
      including the RPB data, may be subject to default and/or other
      sanctions by Ginnie Mae.
    type: do
    audit_question: Can [ISSUER] evidence that RPB reporting to RFS for every reporting month was both timely and accurate, with no missing or inaccurate RPB submissions that would be considered a failure to remit timely and accurate payment to security holders?
    program_review: Does the program ensure RPB reporting to RFS is timely AND accurate every month, since failure-to-report and inaccurate RPB both count as failure to remit timely/accurate payment to security holders (default/sanction risk)?
    file_review: Review RPB submissions for the period; confirm none was missing or inaccurate. The compliance person judges whether reported RPBs were accurate.
    judgment: true
    feeds: []
    workflow_phase: servicing
    owner_role: default_servicing_analyst
    secondary_owner_role: compliance_officer
    cadence: monthly
    consequence: ''
    tags:
      - round-b
      - regulator-direct
      - gnma
      - mbs-guide
      - ch19
      - rpb-accuracy
      - sanctions
      - promoted
    primary_source:
      tier: 1
      authority: Ginnie Mae MBS Guide Chapter 19, Part 7 — Sanctions and Penalties
      source_class: gnma-mbs-guide
      source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_19.pdf
      snapshot_id: aa7c00bc64775159
      fetched_at: '2026-05-23T00:30:00Z'
      content_hash: sha256:4c13d706d3a445a2bb4981f120a88a26ae3a5f5eb00fcbe553c7aaca239b4c3d
      paragraph_quote: 'Both the failure to report RPBs and inaccurate RPB reporting are considered a failure by the '
      drafter_attestation: Copied verbatim from GNMA MBS Guide Chapter 19 snapshot aa7c00bc64775159 at 2026-05-23.
    promoted_at: '2026-05-23T01:32:25+00:00'
    promoted_from: gnma-mbs-ch19-roundb-v1.yaml
  - id: gnma-mbs-ch19-no-correction-after-4th-business-day
    canonical_id: gnma-mbs-ch19-no-correction-after-4th-business-day
    section: Ginnie Mae MBS Guide Ch. 19, Part 4 — RPB Reporting Deadlines
    description: |
      After the fourth business day of a month, the [ISSUER]-reported RPB
      cannot be corrected, even if the issuer subsequently determines
      that the reported RPB is incorrect. Operational consequence:
      [ISSUER]'s RPB review and revision must complete by close of the
      4th business day each month.
    type: monitor
    audit_question: For every reporting month, can [ISSUER] evidence that RPB review and any revisions completed by the close of the 4th business day, and that no post-4th-business-day RPB correction was attempted on a determined-incorrect reported RPB?
    program_review: Does the program ensure RPB review/revision completes by close of the 4th business day, since reported RPB cannot be corrected after that even if later found incorrect?
    file_review: Confirm RPB review/revision completed by the 4th business day and that no post-4th-business-day correction was attempted on a known-incorrect RPB.
    judgment: false
    feeds: []
    workflow_phase: servicing
    owner_role: default_servicing_analyst
    secondary_owner_role: compliance_officer
    cadence: monthly
    consequence: ''
    tags:
      - round-b
      - regulator-direct
      - gnma
      - mbs-guide
      - ch19
      - rpb-finalization
      - 4th-business-day-hard-stop
      - promoted
    primary_source:
      tier: 1
      authority: Ginnie Mae MBS Guide Chapter 19, Part 4 — RPB Reporting Deadlines
      source_class: gnma-mbs-guide
      source_url: https://www.ginniemae.gov/issuers/program_guidelines/MBSGuideLib/Chapter_19.pdf
      snapshot_id: aa7c00bc64775159
      fetched_at: '2026-05-23T00:30:00Z'
      content_hash: sha256:4c13d706d3a445a2bb4981f120a88a26ae3a5f5eb00fcbe553c7aaca239b4c3d
      paragraph_quote: 'After the fourth business day of a month, the Issuer reported RPB cannot be corrected, even if '
      drafter_attestation: Copied verbatim from GNMA MBS Guide Chapter 19 snapshot aa7c00bc64775159 at 2026-05-23.
    promoted_at: '2026-05-23T01:32:25+00:00'
    promoted_from: gnma-mbs-ch19-roundb-v1.yaml
_promotion_history:
  - promoted_at: '2026-05-23T01:31:40+00:00'
    candidate_path: obligations\_remediation\_round_b_drafts\gnma-mbs-ch19-roundb-v1.yaml
    candidates_promoted: 0
    candidates_skipped_existing: 0
  - promoted_at: '2026-05-23T01:32:25+00:00'
    candidate_path: obligations\_remediation\_round_b_drafts\gnma-mbs-ch19-roundb-v1.yaml
    candidates_promoted: 3
    candidates_skipped_existing: 0

Verbatim regulatory text (3)

Verbatim provisions from Ginnie Mae MBS Guide Chapter 19 — Reporting Remaining Principal Balances — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

Ginnie Mae MBS Guide Ch. 19, Part 4 — RPB Reporting Deadlines

Issuers are required to report correct RPB amounts for each pool and loan package no later

Source: Ginnie Mae MBS Guide Chapter 19, Part 4 — RPB Reporting Deadlines · source URL · snapshot aa7c00bc64775159

Ginnie Mae MBS Guide Ch. 19, Part 7 — Sanctions and Penalties

Both the failure to report RPBs and inaccurate RPB reporting are considered a failure by the

Source: Ginnie Mae MBS Guide Chapter 19, Part 7 — Sanctions and Penalties · source URL · snapshot aa7c00bc64775159

Ginnie Mae MBS Guide Ch. 19, Part 4 — RPB Reporting Deadlines

After the fourth business day of a month, the Issuer reported RPB cannot be corrected, even if

Source: Ginnie Mae MBS Guide Chapter 19, Part 4 — RPB Reporting Deadlines · source URL · snapshot aa7c00bc64775159