Fannie Mae to Enhance Single-Family Loan Performance Credit Dataset with January 2015 Release

Fannie Mae is making enhancements to its Single-Family Loan Performance Credit Dataset in its next quarterly update which is scheduled for release between January 20 and January 30, 2015. These enhancements are designed for ease of use and to reduce file sizes for market participants when downloading.  The enhancements will result in changes to the loan performance file layout (PDF), sample acquisitions file (TXT), sample performance file (TXT), and glossary (PDF).

Please Note: These changes will be applied retroactively to the entire historical data population. To see these new enhancements for all acquisition and performance data, users will need to download each file from the year 2000 and forward.

Acquisitions File: Fannie Mae is updating the acquisitions file to provide both a Borrower Credit Score and Co Borrower Credit Score, if applicable. The current Credit Score field will change to Borrower Credit Score and a new Co Borrower Credit Score field will be added. In addition, the acquisitions file will be updated to replace existing allowable values with codes to reduce file size. The following table displays the data elements which will have updated allowable values:

Performance File: Fannie Mae is updating the performance file to provide several enhancements, as follows:

• Replace the Repurchase Indicator field with a Repurchase Date field. As a reminder, the Repurchase Indicator field is currently populated in a separate record which displays the loan identifier, activity reporting period and Repurchase Indicator. With this enhancement, a separate record will no longer generate when a loan is repurchased. Rather, the Repurchase Date will populate within the liquidation record.
• Populate the Servicer Name field in the first reporting period and populate the field thereafter only if there is a change in Servicer Name.
• Enhance the Current Actual Unpaid Principal Balance (UPB) field to also provide the current UPB for liquidated loans in the liquidation record.

Market participants should refer to the Single-Family Loan Performance Glossary for the definition of each of these data elements.

Fannie Mae continuously evaluates its Single-Family Loan Performance Credit Dataset in order to provide additional data fields for analysis and to enhance the ease of use for market participants. Fannie Mae provides this data to help investors model the credit performance of loans owned or guaranteed by Fannie Mae as the company works with the Federal Housing Finance Agency (FHFA) to further develop its credit risk sharing program.

For questions, investors may contact the Fannie Mae Investor Helpline at 1-800-237-8627 or by e-mail.

Originally published: 12/15/14