Each Mega is created as a trust and is governed by a trust agreement.
The trust agreement -- along with its exhibits -- defines the terms of the deal, describes how the deal will be executed, and lists the deal's parameters or limitations.
Fannie Mae executed a new Mega-SMBS Master Trust Agreement, effective January 1, 2009, that is used for Mega and SMBS pools with settlement dates on or after January 27, 2009. Since December 1, 2007, the Mega and SMBS Trust Agreements have been combined in a single trust agreement.
Mega Trust Agreements apply to the settlement date ranges listed below.
Each is presented as a Portable Document Format (PDF) file.