July 27, 2016Fannie Mae Releases Performance Data for Modified Single-Family Loans
WASHINGTON, DC – Fannie Mae (FNMA/OTC) today announced the release of historical performance data on a portion of the company’s modified loans. This dataset will provide the market with the ability to analyze the performance of approximately 700,000 loans in Fannie Mae’s book of business that were modified due to delinquency. This population includes modified loans that are current, delinquent, or liquidated post-modification. This data is being released in support of the reperforming loan (RPL) securitization program announced in April 2016.
“We are pleased to share this data, which will enable investors to better understand the expected performance of Agency MBS backed by our reperforming loans,” said Bob Ives, Head of Retained Portfolio Asset Management, Fannie Mae.
This one-time historical data release, as well as the file layout, FAQs and glossary can be found on the Fannie Mae Performance Data for Modified Single-Family Loans webpage.
Additional information on the RPL securitization program and the modified loan historical dataset can be found in the June 2016 press release and in our MBSenger, Securitizing Reperforming Loans into Agency Mortgage Backed Securities: A Program Primer.Fannie Mae enables people to buy, refinance, or rent homes.
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