Announcement
Fannie Mae to Release DUS Disclose Enhancements in January 2021
January 14, 2021
Fannie Mae will be implementing the following enhancements to DUS Disclose® on January 29, 2021:
- Updated Portfolio Functionality: Upon activating the Deal Paydown Alert for the portfolio, the alert will display in the portfolio when the factor for a security within the portfolio goes to zero on Business Day 4.
- Data Collections User Interface: For easier navigation on this page, we are adding the ability to collapse and expand the different file sections. Additionally, the files will be sorted in descending order, so that the most recent file is at the top of the list.
The following new fields will be added to DUS Disclose:
| Field | Location(s) | Definition | Allowable Values (if applicable) | Notes (if applicable) |
|---|---|---|---|---|
| Future Cross Eligible | • MBS Transactional Download • MBS Fixed and Variable Rate Loan Header • MBS Fixed and Variable Rate Loan Details Modal • MBS Fixed and Variable Rate Annex A • MBS Advanced Search Download File • MBS Daily/Monthly Issuance File • MBS Daily/Monthly Corrections File |
Indicates if the mortgage loan may/will be cross defaulted and/or cross collateralized in the future with another mortgage. | • Y • N |
|
| Condominium Regime Type | • MBS Transactional Download • MBS Fixed and Variable Rate Property Detail Modal • MBS Fixed and Variable Rate Annex A • MBS Advanced Search Download File • MBS Daily/Monthly Issuance File • MBS Daily/Monthly Corrections File |
A multifamily property that is composed of multiple individual units in a building (or other designated area) each of which is bound by the restrictions and requirements set forth in the residential condominium documents applicable to all of units. | • Standard • Fractured |
Standard: A residential condominium that is operated as a multifamily property and the borrower owns all of the units in the building (or other designated area). Fractured: A residential condominium that is operated as a multifamily property and the borrower does not own all of the units in the building (or other designated area). See Acquisition Borrower Owned Unit Count property attribute. |
| Borrower Owned Unit for Fractured Condo Regime | • MBS Transactional Download • MBS Fixed and Variable Rate Property Detail Modal • MBS Fixed and Variable Rate Annex A • MBS Advanced Search Download File • MBS Daily/Monthly Issuance File • MBS Daily/Monthly Corrections File |
The number of units owned by a Borrower in a Fractured residential Condominium as of loan origination. | ||
| Energy Generated (kBtu) | • MBS Transactional Download • Financial and Performance Data – Ongoing Green • MBS Advanced Search Download File • MBS/Mega Ongoing Supplemental File |
For the most recent reporting period, the total quantity of electricity generated annually by the existing onsite electricity generation system (measured in kBtU). | ||
| Social | • MBS Transactional Download • MBS Fixed and Variable Rate Security Detail Modal • MBS Fixed and Variable Rate Annex A • MBS Advanced Search Download File • MBS Daily/Monthly Issuance File • MBS Daily/Monthly Corrections File |
Indicates that the security is backed by loans that meet one of the defined Sustainable Impact Criteria found in Fannie Mae’s Sustainable Bond Framework, including Restricted Affordable Housing and Manufactured Housing Communities. | • Y • N |
Restricted Affordable Housing includes the following Affordable Housing Types: • LIHTC • Project Based HAP/Sec 8 • LIHTC & Project Based HAP/Sec 8 • Other • Other - Sponsor Initiated Affordability (Not MAH is excluded) |
| Banner | • MBS and Mega Advanced Search Download File | Already included in glossary |
To assist market participants with the transition to these enhancements, we are providing the updated file layouts for the following files:
- MBS Daily/Monthly New Issuance File
- MBS Daily/Monthly Corrections File
- MBS/Mega Ongoing Supplemental File
- MBS Advanced Search Attribute List
If you have questions about DUS Disclose or the upcoming enhancements, please contact Fannie Mae's Investor Help Line by phone (1-800-232-6643) or by email.
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