Providing liquidity. Helping families and communities. Providing value.

Mortgage-Backed Securities

We have been under conservatorship, with the Federal Housing Finance Agency acting as conservator, since September 6, 2008. We also have entered into a senior preferred stock purchase agreement with the U.S. Department of the Treasury pursuant to which Treasury has committed to provide funding to us under specified circumstances. More information regarding the conservatorship and our agreement with Treasury is provided in our 2010 Form 10-K, which is available under "SEC Filings."

Current News and Announcements

May 15, 2012
Fannie Mae Prices $753 million Multifamily DUS REMIC under its Fannie Mae GeMS™ Program

May 10, 2012
Fannie Mae Files Quarterly Report in Compliance with SEC Rule 15Ga-1

May 7, 2012
The ARM Stats™, GEO Stats™, Adjustable Rate Quartile File, Supplemental File and Interest Only Disclosure File will be Available on Thursday, May 10, 2012

May 3, 2012
Fannie Mae to Publish Additional Single-Family MBS Loan-Level Disclosure

April 19, 2012
Fannie Mae Supports the Multifamily Mortgage Market with Robust Issuance in the First Quarter of 2012

March 27, 2012
Update to Certain Loan-Level Disclosure Files

March 6, 2012
Revised New Issues Pool Statistics File Posted

March 5, 2012
Fannie Mae Provides Single-Family MBS Loan-Level Disclosure

March 5, 2012
Fannie Mae Releases Enhanced PoolTalk with Loan Level Disclosure

Read All News »

Overview of Products

Single-Family Mortgage-Backed Securities (MBS) »

Fannie Mae creates MBS that represent beneficial ownership interests in a pool of mortgage loans secured by single-family (1-4 units) residential properties. An individual Single-Family MBS pool may hold mortgage loans that are either fixed-rate or adjustable-rate loans but will not hold both fixed-rate and adjustable-rate loans.

Multifamily Mortgage-Backed Securities (MBS) »

Fannie Mae creates MBS that represent beneficial ownership interests in a pool of mortgage loans secured by multifamily (5 or more units) residential properties. An individual Multifamily MBS pool may hold one or more mortgage loans that are either fixed-rate or adjustable-rate loans but will not hold both fixed-rate and adjustable-rate loans.

Structured Transactions and Megas »

Fannie Mae creates multiclass mortgage-backed securities including real estate mortgage investment conduits (REMICs) and stripped mortgage-backed securities (SMBS). REMICs permit an issuer to restructure cash flows on underlying mortgage assets into separately tradable securities. SMBS separate the principal and interest cash flows from underlying mortgage assets to create classes that pay only principal or only interest (known as principal only or interest only classes). Fannie Mae also creates and guarantees a single-class MBS known as a Fannie Mega® security or Mega. Megas are pass-through certificates backed by previously pooled Fannie Mae MBS with similar characteristics and/or other previously pooled Megas with similar characteristics.

Overview of Tools

Fannie Mae provides a wide range of search tools and resources to help users develop a better understanding of the types of mortgage-backed securities that Fannie Mae issues. These tools can be found on the right side of each web page.

ARM MBS Subtypes allows users access to the characteristics of certain key features of adjustable-rate mortgages backing Fannie Mae MBS.

General Word Search allows users to locate REMIC Prospectus Supplements and SMBS Prospectus Supplements/Preliminary Data Statements by keyword.

MBSenger allows user access to MBS articles published by Fannie Mae that discuss Fannie Mae mortgage products and programs.

The Multifamily New Issues Loan and Collateral Statement allows users access to files containing at-issuance loan and collateral data for Multifamily Delegated Underwriting and Servicing (DUS) and Negotiated Transactions (NT) MBS pools published the prior day.

Multifamily Securities Locator Service allows users to retrieve pool-level and loan-level information on and at-issuance disclosure documents for Multifamily MBS. Users can locate and download information on Multifamily securities, create a portfolio to track specific Multifamily MBS, view reports of loan activity, and choose to receive e-mail updates on changes to pools.

New Issues Pool Statistics allows users access to files containing at-issuance data on all Fannie Mae MBS pools closed on a specific day. These files are available for the previous 30 days. All information relating to these MBS is preliminary and subject to change up to 48 hours prior to the Book-Entry Delivery Date for the securities.

PoolTalk® allows users to retrieve pool-level information on Single-Family MBS, SMBS, and REMIC securities.

PoolTalk Glossary (PDF) allows users access to the definitions of the data elements displayed in the Pooltalk application.

Pool Data Direct allows users access to download monthly investor trading and analysis information about Fannie Mae MBS.

Pool Prefix Glossary (PDF) allows users access to the pool prefixes for each individual issue of Fannie Mae MBS or Fannie Megas® securities.

Tax Factors allows users to search for tax information on Fannie Mae MBS, REMIC & SMBS securities.

Some of the disclosure and other documents we provide are available in Portable Document Format (PDF). Adobe Reader® software used to view a PDF is available at www.adobe.com.

Page originally published: 12/21/11
Page last revised: 05/15/12