This is a document update surrounding Frequently Asked Questions (FAQ) for GNMA Compliance Audit Considerations Regarding Bank of New York Mellon No Longer Being Considered an Approved Ginnie Mae Document Custodian. The update is as of March 2022. This is communication provided by Ginnie Mae regarding Wells Fargo Bank and the Management Collateral Documents.
On March 21, 2022, GNMA Issuers received an additional communication from GNMA which has been provided below. As such, based on the GNMA exemptions included in