WASHINGTON, D.C. – October 17, 2013 – (RealEstateRama) — As part of Fannie Mae’s continued effort to provide greater transparency to the marketplace, Fannie Mae will begin publication of monthly loan level disclosure for single-family mortgage-backed securities (MBS) starting in December. The monthly loan level disclosure file will contain loans underlying single-family MBS with issue dates beginning on or after January 1, 2013. The first monthly loan level disclosure file will be published on the eighth business day of December (December 11, 2013).
In addition, Fannie Mae has made enhancements to its at-issuance loan level disclosures to align with the monthly loan level disclosures. The enhancements to the at-issuance loan level disclosure file will be effective for pools with issue dates on or after December 1, 2013.
The at-issuance and monthly loan level disclosure files will be hosted on PoolTalk®, Fannie Mae’s online disclosure application. With the release of this data, Fannie Mae is updating its File Layout and loan level disclosure definitions in Fannie Mae’s PoolTalk Glossary. The updates to these documents are being made to assist the market in better understanding Fannie Mae’s loan level disclosures. The documents are attached to this announcement and will be published on PoolTalk when the monthly loan level disclosure file is published on December 11, 2013.
With this announcement, Fannie Mae has provided Frequently Asked Questions related to this upcoming release.
For questions, please contact the Fannie Mae Fixed-Income Investor Helpline at 1-800-237-8627 or by e-mail.