2026-13089NoticeWallet

Ginnie Mae Updates Digital Collateral Paperwork Process

Published Date: 6/29/2026

Notice

Summary

HUD is updating its info collection for the Ginnie Mae Digital Collateral Program, which helps lenders and custodians manage digital mortgage assets. They’re asking for public feedback by July 29, 2026, to make sure the process is smooth and clear. This update won’t cost extra but will improve how digital mortgage info is handled.

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

Ginnie Mae Allows eNote Securitization

Ginnie Mae is permitting the securitization of mortgage loans where the promissory note is an eligible electronic note (eNote). This change explicitly allows mortgages with eNotes to back Ginnie Mae securities.

New eIssuer/eCustodian Application Burden

HUD is revising OMB Control No. 2503-0034 to collect information via the eIssuer Application (formerly HUD-11701-A) and eCustodian Application (formerly HUD-11701-B). The notice estimates 20 eIssuer respondents (0.5 hours per response; $485 annual cost), 5 eCustodian respondents (0.5 hours per response; $121.25 annual cost), and a total annual burden of 27.5 hours and $606.25.

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Key Dates

Published Date
Comments Due
6/29/2026
7/29/2026

Department and Agencies

Department
Independent Agency
Agency
Housing and Urban Development Department
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