Form HUD-11706 PDF Details

The HUD 11706 form, also known as the Schedule of Pooled Mortgages, is a critical document within the U.S. Department of Housing and Urban Development, particularly for dealings with the Government National Mortgage Association (Ginnie Mae). This form plays a significant role in the management and administration of mortgage-backed securities, serving as a means to record and track various details of mortgages that have been aggregated or "pooled" for investment purposes. It encompasses a wide array of information, including but not limited to, the interest rates of mortgages (highest and lowest), weighted average, Ginnie Mae pool/loan package numbers, alongside key data points related to the loans such as the issuer's name, type of loans, original and unpaid principal balances, and detailed information regarding adjustable-rate loans. Moreover, it provides instructions for custodians on the verification and certification of the mortgages within the pool, ensuring compliance with Ginnie Mae's guidelines. The form is designed to facilitate public reporting, with an estimated completion time, and underscores the importance of possessing a valid OMB control number for collection legitimacy. With its comprehensive structure, the HUD 11706 form underscores the meticulous processes involved in managing mortgage-backed securities and highlights the stringent regulatory environment governing these financial instruments.

QuestionAnswer
Form Name Form Hud 11706
Form Length 4 pages
Fillable? No
Fillable fields 0
Avg. time to fill out 1 min
Other names pooled form, 11706 form, hud hud11706 form, hud 11706 printable

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Schedule of Pooled Mortgages

U.S. Department of Housing

 

 

 

 

and Urban Development

 

 

 

 

Government National Mortgage Association

Interest Rate of Mortgages

 

Weighted Average

 

 

Ginnie Mae Pool/Loan Package Number

Highest ______% Lowest ______%

Interest Rate

 

Initial Certification

 

 

 

 

 

Final Certification

Security Issue Date

 

 

 

 

Term of Mortgages

years

%

 

Recertification

 

 

 

 

 

 

 

OMB Approval No. 2503-0033 (EXP.04/30/2023)

Public reporting burden for this collection of information is estimated to average 5 minutes 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. This agency may not collect this information, and you are not required to complete this form, unless it displays a currently valid OMB control number.

The information requested is required by Sec. 306(g) of the National Housing Act or by Ginnie Mae Handbook 5500.3, Rev. 1.

Name of Issuer

Single Family Level Payment Loans (SF/FS)

Growing Equity Loans (GA/GD)

Manufactured Home Loans (MH)

 

Graduated Payment Loans (GP/GT)

Adjustable Rate Loans (ARM)

Buydown Loans (BD)

 

 

Project Loans (PL/PN/LM/RX/LS)

Construction Loans (CL/CS)

Serial Note (SN)

Other

Ginnie Mae I

Security/Mortgage Change Date

Issuer ID Number

Ginnie Mae II

 

 

 

 

 

Issuer’s

Loan

Number and

MIN

MOM

Name of

Mortgagor

Address of Property/Site

Address (Street, City State

and Zip Code

FHA-VA-RD

184Case Number

Interest Rate

Mortgage

Margin

(ARM)

Loan

Origination

Date

Date of First

Interest Rate

Maturity

Payment

Change Date

Date

 

 

 

 

 

 

Monthly

Constant

(P&I)

$

Original

Unpaid

 

Balance

Type

Principal

of

of

Balance

Mortgage

Loan

$

$

 

 

 

 

 

 

 

 

 

Continue Loan Level reporting on page 2

Distribution of All Loans in Pool

Number

Amount

FHA

VA

RD

§184

Other

Total

Total Amount P & I

$

For Adjustable Rate Pools/Loan Packages Only:

Index Type:

Acceptable Range: Type of ARM Note:

Cap Structure

Initial (+/-) Interest Rate Cap:

Subsequent Annual (+/-) Interest Rate Cap:

Lifetime (+/-) Interest Rate Cap:

Lookback Period: ฀ 30 Day Look Back ฀ 45 Day Look Back

Previous editions are obsolete; replaces form HUD-11706-M which is obsolete

Page ( 1 ) of ( 4 )

ref. Ginnie Mae Handbook 5500.3, Rev.1.

form HUD-11706 (

1/2015

)

Schedule of Pooled Mortgages

Ginnie Mae Pool/Loan Package Number

Name of Mortgagor

Credit Score

Social

Security

Number

Co-borrower

Co-borrower

Co-borrower

#1

#2

#3

Full Name

Full Name

Full Name

 

 

 

Lockout

Term

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lockout

 

 

 

Prepayme

 

 

Prepay

 

Loan

Loan

Living

Down

Loan

Upfront

Annual

Loan to

 

End Date

 

 

 

 

 

nt

 

 

 

 

 

 

ment

 

 

Type

Purpose

Units

Payment

Buydown

MIP

MIP

Value

 

 

 

 

 

 

 

Premium

 

 

 

 

 

End

 

 

 

Code

 

 

Assistance

Code

Amount

Amount

 

 

 

 

 

 

 

 

 

Period

 

 

 

 

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continue Loan Level reporting on page 3

Previous editions are obsolete; replaces form HUD-11706-M which is obsolete

Page ( 2 ) of ( 4 )

ref. Ginnie Mae Handbook 5500.3, Rev.1. form HUD-11706 (

1/2015

)

Schedule of Pooled Mortgages

Ginnie Mae Pool/Loan Package Number

Name of Mortgagor

Combined LTV Ratio Percent

Total Debt

Expense Ratio

Percent

Refinance Type

Last Paid

Installment Due

Date

Pre-Modification

First Installment

Due Date

Pre-Modification

Original Principal

Balance (OPB)

Amount

Pre-Modification

Interest Rate

Percent

Pre-Modifcation

Loan Maturity

Date

First Time

Homebuyer

Indicator

Third-Party

Origination

Type

FHA

UpfrontMIP

Rate

FHA Annual MIP Rate

Previous editions are obsolete; replaces form HUD-11706-M which is obsolete

Page ( 3 ) of ( 4 )

ref. Ginnie Mae Handbook 5500.3, Rev.1. form HUD-11706 (

1/2015

)

Schedule of Pooled Mortgages

Ginnie Mae Pool/Loan Package Number

Instructions for Custodian

The custodian will review each mortgage or loan file in accordance with the applicable sections of the Ginnie Mae MBS Guide, Rev. 1 to determine that all required documents have been properly executed and received and that such documents relate to the mortgages identified on the front of this form. Purpose: To provide a means of identifying and controlling the mortgages that collateralize the designated MBS pools or loan packages. Also provides a certification from the document custodian that certain required mortgage documents are being held by the document custodian on behalf of Ginnie Mae.

Upon completion of each examination, an authorized official of the custodian will sign the original and the required copies of this form in the space provided and forward the original to Ginnie Mae’s pool processing agent (either directly or through the issuer) and provide a signed copy to the issuer. Pursuant to the following, certification may be completed in two stages, “initial” and “final”, except for PL, PN, LM, LS, CL, and CS pools, which are only final certified.

 

Custodian’s Certification (Initial Certification)

 

 

 

Custodian’s Certification (Final Certification)

 

 

 

 

The documents referenced in the applicable sections indicated below, pertaining to the mortgages listed on the front

The documents referenced in the applicable sections indicated below, pertaining to the mortgages listed on the front

 

of this form, have been received and have been determined to satisfy the requirements of the Ginnie Mae MBS

of this form, have been received and have been determined to satisfy the requirements of the Ginnie Mae MBS

 

Guide, Rev. 1.

 

 

 

Guide, Rev. 1.

 

 

 

 

 

 

 

 

For SF, FS, AR, AQ, AT, AF, FT, AS, AX, BD, GP, GT, GA, GD, and SN pools and loan packages: Section 13-4(B) of

 

For SF, FS, AR, AQ, AT, AF, FT, AS, AX, BD, GP, GT, GA, GD, and SN pools and loan packages: Section 13-4(A) of

the Ginnie Mae MBS Guide, Rev. 1.

 

 

 

 

the Ginnie Mae MBS Guide, Rev. 1.

 

 

 

For MH Pools: Sections 13-4(B) and 30-4(A)(2) of the Ginnie Mae MBS Guide, Rev. 1.

 

For MH Pools: Sections 13-4(A) and 30-4(A)(1) of the Ginnie Mae MBS Guide, Rev. 1.

For PL, PN, LM, and LS pools: Sections 13-4(B) and 31-10 of the Ginnie Mae MBS Guide, Rev. 1 (final certification).

 

For CL and CS pools: Sections 13-4(B) and 32-8 of the Ginnie Mae MBS Guide, Rev. 1 (final certification).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Custodian Name and Address (including Zip Code)(Please Type)

 

Custodian No.

 

Custodian Name and Address (including Zip Code)(Please Type)

Custodian No.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Authorized Signature

 

 

 

Authorized Signature

 

 

 

 

 

 

 

 

 

 

 

 

 

Name (Please Type)

 

 

 

Name (Please Type)

 

 

 

 

 

 

 

 

 

 

 

 

 

Title (Please Type)

 

 

Date of Initial Certification

Title (Please Type)

 

 

Date of Final Certification

 

 

 

 

 

 

 

 

 

 

 

 

 

Recertification Using an Updated List of Loans for the Referenced Pool

 

 

 

 

Prior Issuer: (Name of Seller)

 

 

Issuer ID No.

Current Issuer: (Name of Buyer)

 

 

Issuer ID No.

 

 

 

 

 

 

 

 

The attached list of pooled loans represents the pool or loan package principal and the total number of mortgages reported by the Issuer. The month of transfer _____________

 

 

 

 

The Issuer certifies that the remaining loan balances conform to the

balances reported via the Reporting and Feedback System Monthly Issuer Report of Pool and Loan data.

 

 

 

The Document Custodian certifies to the following: (1) It has received the related documents for the loans listed on the attached. (2) It has verified that the loans on the attached were included on the original Schedule of Pooled Mortgages, if available. If not available, the Document Custodian must obtain from the Issuer a written explanation why the original Schedule is missing. The Document Custodian must maintain a copy of the original Schedule or the written explanation for the missing Schedule in the Pool Master File with the recertification.

The Document Custodian will not be required to maintain or reconcile the form HUD-11708 for loans liquidated prior to and not reported as active loans.

Authorized Signature of current Issuer

Name (Please Type)

Title (Please Type)

Date

 

 

Custodian Name and Address (including Zip Code) (Please Type) Custodian No.

Authorized Signature of Current Custodian

Name of Custodian (Please Type)

Title of Custodian (Please Type)

Date

Previous editions are obsolete; replaces form HUD-11706-M which is obsolete

Page ( 4 ) of ( 4 )

ref. Ginnie Mae Handbook 5500.3, Rev.1. form HUD-11706 (

1/2015

)

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This PDF form requires some specific details; in order to ensure accuracy and reliability, be sure to consider the following suggestions:

1. It is advisable to fill out the 11706 form accurately, so be mindful when filling out the sections comprising all these blank fields:

Filling in section 1 in pooled form printable

2. After performing the previous part, go on to the next stage and fill out the necessary particulars in all these fields - Distribution of All Loans in Pool, Number, Amount, Total Amount P I, For Adjustable Rate PoolsLoan, Acceptable Range Type of ARM Note, Cap Structure, Initial Interest Rate Cap, Subsequent Annual Interest Rate, Lifetime Interest Rate Cap, Lookback Period, Day Look Back, Day Look Back, FHA, and Other.

Part number 2 for filling out pooled form printable

3. This third step is usually easy - fill out all of the empty fields in Schedule of Pooled Mortgages, Ginnie Mae PoolLoan Package Number, Name of Mortgagor, Credit Score, Social Security Number, Coborrower, Coborrower, Coborrower, Full Name, Full Name, Full Name, Lockout, Term, Lockout End Date, and Prepayme to complete this process.

Completing segment 3 of pooled form printable

4. This next section requires some additional information. Ensure you complete all the necessary fields - Previous editions are obsolete, Page of, ref Ginnie Mae Handbook Rev form, and HUD - to proceed further in your process!

Stage no. 4 of filling in pooled form printable

You can certainly make errors while filling in the Page of, therefore be sure to go through it again before you'll submit it.

5. To conclude your form, this particular part has a number of extra fields. Typing in Schedule of Pooled Mortgages, Ginnie Mae PoolLoan Package Number, Name of Mortgagor, Combined LTV Ratio Percent, Total Debt Expense Ratio Percent, Refinance Type, Last Paid Installment Due Date, PreModification First Installment, PreModification Original Principal, PreModification Interest Rate, PreModifcation Loan Maturity Date, First Time Homebuyer Indicator, ThirdParty Origination Type, FHA UpfrontMIP Rate, and FHA Annual MIP Rate should finalize everything and you'll be done in the blink of an eye!

Filling in section 5 of pooled form printable

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