New Green Indicator for Fannie Supers and Megas
Fannie Mae, in conjunction with Freddie Mac, will begin labeling Supers® and Megas® as Green if all the underlying security collateral is labeled Green. Accordingly, Fannie Mae will be updating the Green Indicator logic for its Single-Family mortgage-backed securities (MBS) disclosures.
For Fannie Mae Supers and Megas, the Green Indicator will be disclosed as "Y" (Yes), if all the underlying security collateral have a Green Indicator of "Y". Currently, for Supers and Megas, the Green Indicator is defaulted to "N" (No). Along with this change, the applicable Green Program Criteria stratifications will also be disclosed for Green-labeled Supers and Megas. These enhancements will be effective on February 24, 2025.
For any outstanding Supers and Megas that meet this criterion, the Green Indicator will be updated with the monthly MBS Security Factor File on March 6, 2025. The sample files are available here.
To learn more about Fannie Mae's Single-Family Green MBS program, visit our webpage.
For questions, please contact the Fannie Mae Investor Help Line at 1-800-232-6643 or by email.