On Friday, July 9, 2010, we announced that we had identified an issue affecting the current DSCR disclosed on the Collateral Information page of our Multifamily Securities Locator Service ("MFSLS") web site for pools issued prior to 2010.
We have since determined that the Current Note Rate disclosed on the Loan Information page of MFSLS, as well as the Highest Current Note Rate and Lowest Current Note Rate disclosed on the Summary page of MFSLS, also may have been incorrect for certain Multifamily MBS pools.
Current DSCR is updated annually. Current Note Rate, Highest Current Note Rate and Lowest Current Note Rate are updated monthly. The most current updates to these fields, which contained the potentially incorrect data, were published on July 7, 2010. Data published for these fields in prior periods was correct.
We have resolved the technical issues relating to these fields and have corrected the disclosed current DSCR, Current Note Rate, Highest Current Note Rate and Lowest Current Note Rate for all affected MBS pools. These data fields are now accurate on MFSLS.
Investors in any of the affected MBS pools may contact Fannie Mae's Fixed-Income Securities Marketing Help Line at 1-800-237-8627.
Originally Published: July 12, 2010