Application for Approval - Ginnie Mae Mortgage-Backed Securities Issuer

• Legal Form Number: HUD-11701
• Issuer: Ginnie Mae
• Section: Ginnie Mae

Application for Approval OMB Approval Numbers 2503-0033

U.S. Dept of Housing and Urban Development

Ginnie Mae (Exp.04/30/2026)

Government National Mortgage Association

Mortgage-Backed Securities Issuer

Public Reporting Burden for this collection of information is estimated to average 1 hour per response, including the time for reviewing instructions,

searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information.

The information requested on this form is required by Sec. 306(g) of the National Housing Act or by Ginnie Mae Handbook 5500.3. Th e information

collected assists Ginnie Mae in determining which lenders should be approved to participate in the Ginnie Mae Mortgage Backed Securities Program.

It is used to help Ginnie Mae minimize its risk. Applicants are not required to respond to this collection of information unless a currently valid approved

OMB control number is displayed on the form.

Privacy Act Statement. Names and dates of birth are requested in order for Ginnie Mae to obtain positive identification of the applicant’s officers,

directors, stockholders and employees who have authority to obligate the applicant. The information requested will be used solely to determine the

eligibility of the individuals to participate in the Ginnie Mae Mortgage-Backed Securities Program. The Department is authorized to request this

information by Executive Order 9397 and it will not be disclosed outside the Department except as required or permitted by law. The dates of birth

are provided to Ginnie Mae on a voluntary basis. Failure to provide this information could cause delay in processing of the applications.

Instructions for Completing Form HUD-11701: Applicants seeking approval as an approved issuer with the Government National

Mortgage Association (“Ginnie Mae”) must complete this form and submit the required documentation listed in these instructions with a

nonrefundable application fee of $2,500, made payable to Ginnie Mae at the time of application. The applicat ion fee is to be paid directly to Ginnie

Mae’s Office of the Chief Financial Officer via pay.gov. The application package itself must be sent to the appropriate address shown below via

overnight delivery.

Required Documentation for Ginnie Mae I and/or Ginnie Mae II Approval.

The following are the required documentation to be submitted with form HUD-11701 for verifying that an applicant meets Ginnie Mae

requirements for issuer approval. For additional information on the Ginnie Mae I and II programs see Handbook 5500.3. All applicants

will be approved to issue Ginnie Mae I and II single-family securities; however, in order to securitize Ginnie M ae II pools or loan

packages, applicants must also execute form HUD-11709, Master Agreement for Servicer’s Principal and Interest Custodial Account,

and form HUD-11709-A, ACH Debit Authorization.

Required documentation for each type of approval is check marked.

Ginnie Mae I

Ginnie Mae II

1. Evidence of payment via pay.gov to Ginnie Mae for nonrefundable application fee ($2,500)

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2. HUD Form 11702 √ √

3. Certificate of Insurance -Fidelity Bond reflecting adequate coverage and proper Ginnie Mae loss payee endorsement

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4. Certificate of Insurance -Errors and Omissions reflecting adequate coverage and proper Ginnie Mae loss payee endorsement √ √

5.

Evidence of Quality Control Plan for underwriting, origination, and servicing of mortgage loans and secondary marketing.

Provide a copy of quality control findings for the past six months and management's response to those findings

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6. Audited financial statements for latest three years (2 copies)

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7. Most recent interim financial statement (balance sheet and income statement) signed by an officer as true and correct √ √

8. Dollar value of loans to officers/directors/affiliates as of most recent financial audit

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9. Dollar value of pledged assets as of the most recent financial audit √ √

10.

List of affiliated issuer(s) participating in the Ginnie Mae program, along with their four-digit Ginnie Mae issuer identification

number(s)

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11.

List of name(s), address(es), telephone number(s), and contact person(s) for mortgage insurance companies, warehouse

lenders, and investors for whom the applicant is currently doing business

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12. HUD Form 11709

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13. HUD Form 11709-A √

Application package must be sent Overnight Delivery to the address below:

Ginnie Mae

Attn: Office of Enterprise Risk

550 12th Street, SW, Third Floor

Washington, DC 20024

Previous editions obsolete

form HUD-11701 (08/01/2013)

Page i of i ref Handbook 5500.3