RMD requested additional comment from Ginnie Mae but did not hear back prior to publishing this article. “Ginnie Mae is reducing the minimum HMBS pool size to relieve this pressure and decrease the amount of time Issuers must carry balances between the HECM loan origination disbursement and HMBS securitization.”In addition to the APM, Ginnie Mae is also revising its MBS Guide (Chapter 35, Part 7 §D) to incorporate the reduction in the minimum pool size. “Each pool must still contain a minimum of three participations, each of which is related to a distinct HECM loan in accordance with Ginnie Mae MBS Guide,” Ginnie Mae said. Reactions to the moveNational Reverse Mortgage Lenders Association (NRMLA) President Steve Irwin said in a statement that the new policy should prove to be positive for the reverse mortgage business. “This is showing me that Ginnie Mae is going through everything they can think about [as it relates to] how they can put more liquidity into the system without jeopardizing the Ginnie Mae [HMBS] program,” he said.