Announcement
New Multifamily Fixed-Rate Mortgage-Backed Security Prefixes
June 29, 2018
Fannie Mae has created six new prefixes that will be assigned to Multifamily mortgage-backed securities (MBS) pools. These prefixes are available for fixed-rate mortgages delivered into MBS with issue dates on or after June 1, 2018.
New Multifamily Fixed-Rate MBS Prefixes | Description |
---|---|
H4 | Conventional, Balloon, Actual/360 interest day basis calculation; Multifamily; maturing or due in greater than thirty (30) years but less than forty (40) years. |
HZ | Conventional, Balloon, Actual/360 interest day basis calculation; Multifamily; maturing or due in greater than thirty (30) years. |
M4 | Conventional Balloon, Level-Payment Mortgages; Multifamily; maturing or due in greater than thirty (30) years. |
MZ | Conventional Long-Term, Level-Payment Mortgages; Multifamily; maturing or due in greater than thirty (30) years. |
Q4 | Conventional Balloon, Level-Payment Mortgages using Actual/360 interest day basis calculation method and P&I based on note rate multiplied by 365 and then divided by 360; Multifamily; maturing or due in greater than thirty (30) years. |
QZ | Conventional Long -Term, Level-Payment Mortgages using Actual/360 interest day basis calculation method and P&I based on note rate multiplied by 365 and then divided by 360; Multifamily; maturing or due in greater than thirty (30) years. |
The Pool Prefix Glossary has been updated to include the new prefixes.
For questions, please contact Fannie Mae's Investor Help Line at 1-800-232-6643 or by email.