Fannie Mae is Releasing 2016 Single-Family Master Trust Agreement and 2016 Single-Family MBS Prospectus
June 1, 2016
Fannie Mae is releasing a new 2016 Single-Family Master Trust Agreement and a new 2016 Single-Family MBS Prospectus, effective for fixed-rate and adjustable-rate mortgage single-family pools with issue dates on or after June 1, 2016. Although general business practices have not changed, the updates in these documents reflect expanded capabilities in support of future business operations.
- More closely aligning with Freddie Mac on policies related to removing loans from pools as we prepare for the implementation of the single security initiative.
- Providing disclosure concerning the reperforming loan (RPL) securitization program in which previously delinquent loans that are currently performing will be securitized.
Investors are encouraged to review the complete documents for more detailed information on the updates that were made.
For questions, market participants may contact the Fannie Mae Fixed-Income Investor Helpline at 1-800-232-6643, Option 2, or by e-mail.
Originally published: 06/01/16