Update on Fannie Mae's Single-Family Monthly Ongoing Loan-Level Disclosure

On January 11, 2013, Fannie Mae commenced the release of monthly ongoing loan-level disclosure data for Fannie Mae Single-Family mortgage-backed securities (MBS).  The data was provided for MBS with issue dates of April 1, 2003 or later.

Fannie Mae recently determined that certain information was inadvertently omitted from the monthly ongoing loan-level disclosure data file as a result of systems issues.  We are currently working to resolve these issues.  Until this matter is rectified, we will refrain from further publication of monthly ongoing loan-level data.  Additionally, we have removed the monthly ongoing loan-level data disclosure file posted in January 2013 from Fannie Mae’s PoolTalk® application.  Due to the incomplete nature of the January 2013 data, we recommend that market participants disregard such data.  We will inform market participants in advance of resuming publication of monthly ongoing loan-level disclosure data. 

The systems issues noted above have no impact on the at-issuance loan-level and pool-level disclosures or the ongoing pool-level disclosures for Fannie Mae’s Single-Family MBS.  The at-issuance loan-level and pool-level disclosures are released on a daily basis and are available on Fannie Mae’s PoolTalk application on the New Issues Statistics tab.  The ongoing monthly pool-level disclosures are released on business day four of each month and are available on Fannie Mae’s PoolTalk application on the Monthly Reporting Files tab.

For questions, investors may contact the Fannie Mae Fixed-Income Investor Helpline at 1-800-237-8627 or via email.

Originally published: 2/8/13