Fannie Mae Has Published Updated Multifamily MBS Prospectuses and Master MBS Trust Agreement Effective January 1, 2021
Fannie Mae has updated the Multifamily Mortgage-Backed Securities (MBS) Prospectuses and has executed the 2021 Multifamily Master Trust Agreement, effective for MBS issued on or after January 1, 2021. These updates are primarily related to, but are not limited to, the Real Estate Mortgage Investment Conduit (REMIC) tax election on Multifamily Mortgage-Backed Securities (MBS) issued on or after January 1, 2021. We recommend Multifamily MBS investors review the updated legal documents and consult with their legal and/or tax advisors to understand potential implications related to the REMIC tax election.
For questions, please contact the Fannie Mae Investor Help Line at 1-800-232-6643 or by email.