Form HUD-11705 Schedule of Subscribers and Ginnie Mae Guaranty Agreement

What Is Form HUD-11705?

This is a legal form that was released by the U.S. Department of Housing and Urban Development on December 1, 2007 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is the HUD-11705 Schedule of Subscribers?A: The HUD-11705 Schedule of Subscribers is a form used by the Department of Housing and Urban Development (HUD) to collect information about subscribers to Ginnie Mae mortgage-backed securities.

Q: What is the Ginnie Mae Guaranty Agreement?A: The Ginnie Mae Guaranty Agreement is a contract between Ginnie Mae and issuers of mortgage-backed securities, outlining the terms and conditions under which Ginnie Mae guarantees the timely payment of principal and interest to investors.

Q: Who uses the HUD-11705 Schedule of Subscribers and the Ginnie Mae Guaranty Agreement?A: These forms are primarily used by mortgage lenders and other financial institutions that issue Ginnie Mae mortgage-backed securities.

Q: Why are these forms important?A: These forms are important for ensuring transparency and accountability in the mortgage-backed securities market, and for protecting investors by establishing clear guidelines for the guarantee of timely payments.