Ginnie Mae Begins Publishing PTAP/C19 Data

Ginnie Mae, Washington, D.C., on May 1 published the first set of data related to its expanded Pass-Through Assistance Program (PTAP/C19), developed in response to the COVID-19 pandemic.

PTAP/C19 allows Issuers to apply for assistance in meeting their contractual obligation to make timely and in full principal and interest payments due to mortgage-backed securities holders without being held in default under the Ginnie Mae Guaranty Agreement.

The first set of PTAP/C19 program data is available on the Ginnie Mae website (https://www.ginniemae.gov/issuers/program_guidelines/pages/ptap.aspx). Information on the PTAP/C19 will be updated periodically each month. Ginnie Mae encourages analysts and others interested in the information to subscribe to the page in order to receive the latest information.