Last week Ginnie Mae announced enhancements to its MBS disclosures making it easier to determine the actual cause for relatively accelerated prepayments in its securities.

Starting in December, the agency will start reporting the number of mortgages and the principal balance that are paid off in full by borrowers, repurchased by issuers in cases of delinquency or liquidated because of foreclosure. Ginnie will also report information about loans that are 30, 60, 90 or more days delinquent as well as the unpaid principal balance of interest rate buydown loans backing its MBS.

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