On December 7, Ginnie Mae issued APM 20-17 extending the temporary exclusions announced in APM 20-06 (previously covered here) for issues in calculating delinquency ratios.  Specifically, Ginnie Mae will continue to exclude any delinquencies occurring on or after April 2020 when calculating the ratio. Ginnie Mae will provide this exclusion automatically through July 31, 2021 to issuers who were compliance with the delinquency rate thresholds as demonstrated by their April 2020 investor accounting report, reflecting March 2020 servicing data.