REMIC Trust Agreements
Each of Fannie Mae's Structured Transactions is created as a trust and is governed by a trust agreement. Trust agreements are the documents pursuant to which the Fannie Mae certificates are issued. The assets backing the certificates are held in the trust. Trust agreements outline the rights and responsibilities of Fannie Mae and of the mortgage certificateholders in relation to the trust. These agreements define the terms of each deal and describe how the deal will be executed and the deal's parameters or limitations.
For certain REMICs and Structured Transactions, each trust is governed by a separate trust agreement relating solely to the particular transaction. For the remaining REMICs and Structured Transactions, each trust is governed by a master trust agreement together with a separate issue supplement relating solely to the particular transaction.
Fannie Mae executed a new REMIC Master Trust Agreement and a new embedded RCR Master Trust Agreement, both effective May 1, 2023, that are used for REMIC/RCR issuances with issue dates on or after May 1, 2023.
Each is presented as a Portable Document Format (PDF) file.
Omnibus Trust Supplement for Certain LIBOR Class Issuances
Omnibus Trust Supplement (PDF)
The master trust agreements in effect for certain dates are listed below.
- May 1, 2023 - present (PDF)
- March 1, 2022 - April 30, 2023 (PDF)
- June 1, 2019 - February 28, 2022 (PDF)
- May 1, 2010 - May 31, 2019 (PDF)
- August 1, 2007 - April 30, 2010 (PDF)
- September 1, 2006 - July 31, 2007 (PDF)
Deal-specific files and documents are available in the Single-Family PoolTalk® or Multifamily DUS Disclose® applications.
Last Revised: 4/28/23